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Against the background of increasing awareness of the importance of enhanced trade between less developed countries, this book analyzes the merits of various approaches towards lowering trade barriers between developing countries in order to stimulate South-South trade in manufactured products. Using empirical data, the contributors establish what factors induce developing countries to adopt a protectionist stance and examine in detail the existing structure of trade control measures.
Trade between developing countries, or South-South trade, has been growing rapidly in recent years following significant reductions in tariff barriers. However, significant barriers remain, and there is currently reluctance in many developing countries to undertake further reductions, with a preference instead for focusing on opening up access to developed country markets, or maintaining the status quo given that multilateral liberalization may result in the erosion of preferential access enjoyed by some developing countries.This emphasis on Northern markets represents a missed opportunity for developing countries. To assess this we compare the potential effects of the removal of barriers on South-South trade with the gains from developed country liberalization and from regional free trade areas within Africa, Asia and Latin America. A general equilibrium model, GTAP, containing information on preferential bilateral tariffs, is used to estimate the impacts. The results indicate that the opening up of Northern markets would provide annual welfare gains to developing countries of $22 billion. However, the removal of South-South barriers has the potential to generate gains 60 per cent larger. By contrast, the potential gains from further regional agreements on a continental basis are limited in Africa and Asia, although scope remains in Latin America. The results imply that giving greater emphasis to removing barriers between as well as within continents could prove a successful Southern survival strategy.
Past trends in intratrade; Commodity composition and salient characteristic of intrade; Roles of institutions and policies in intratrade; Expansion of South-South agricultural trade: future prospects and likely effects of trade liberalization.
This report, consisting of two parts, is the tenth in the annual series assessing development issues. Part I reviews recent trends in the world economy and their implications for the future prospects of developing countries. It stresses that better economic performance is possible in both industrial and developing countries, provided the commitment to economic policy reforms is maintained and reinforced. In regard to the external debt issues, the report argues for strengthened cooperation among industrial countries in the sphere of macroeconomic policy to promote smooth adjustment to the imbalances caused by external payments (in developing countries). Part II reviews and evaluates the varied experience with government policies in support of industrialization. Emphasis is placed on policies which affect both the efficiency and sustainability of industrial transformation, especially in the sphere of foreign trade. The report finds that developing countries which followed policies that promoted the integration of their industrial sector into the international economy through trade have fared better than those which insulated themselves from international competition.
The object of this volume, drawn from the papers of an international trade conference, is to explore the reasons for changes in the patterns of exports and imports and the roles of major groups of countries in trade.
This book presents novel approaches to further SouthSouth Cooperation (SSC) on a global scale. The evolving aid architecture and mounting development challenges demand an urgent and critical review of existing aid modalities, policy-making and forums for international cooperation. With the rise of emerging powers, we face an important question: ls the changing global order transforming the nature of development cooperation? Promoting equitable broad-based growth in order to alleviate poverty, calls for a new understanding of the principles of development assistance, good governance, transparency, ownership, and accountability. This book is published in English. - Les changements en matière d’aide internationale et les défis soulevés par les crises alimentaires, financières et énergétiques exigent un examen critique des conventions actuelles en matière d’assistance et d’élaboration de politiques et de forums décisionnels en coopération internationale. À la lumière de la montée de pouvoirs émergents, une analyse de la manière dont un ordre mondial en mutation transforme la nature de la coopération pour le développement s’impose. La promotion d’une croissance économique équitable et d’une réduction de la pauvreté exige une nouvelle compréhension de l’aide au développement et une gouvernance, transparence, propriété et imputabilité optimales. L’avenir de la Coopération Sud-Sud repose sur de nombreux facteurs, comme l’amélioration des moyens de communication et le partage des connaissances entre pays partenaires, l’adoption d’une approche analytique pour définir les biens publics régionaux et mondiaux, l’identification et l’évaluation des bonnes et des mauvaises pratiques et la fusion des priorités économiques et sociales. Au moyen d'études de cas, les auteurs proposent des approches novatrices pour promouvoir la Coopération Sud-Sud et établir des politiques de développement international efficaces. Ce livre est publié en anglais.
Against the background of increasing awareness of the importance of enhanced trade between less developed countries, this book analyzes the merits of various approaches towards lowering trade barriers between developing countries in order to stimulate South-South trade in manufactured products. Using empirical data, the contributors establish what factors induce developing countries to adopt a protectionist stance and examine in detail the existing structure of trade control measures.
Policy-oriented study prepared for the Non-Aligned Movement (NAM) as a contribution to the Economic Agenda for Priority Action 1992-1995, and made available for the Eleventh NAM summit, Cartagena, Colombia, 18-20 Oct 1995.