North-South Trade-Is Africa Unusual? David T. Coe

ISBN: 9786613779502

Published: June 1st 1998

ebook

28 pages


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North-South Trade-Is Africa Unusual?  by  David T. Coe

North-South Trade-Is Africa Unusual? by David T. Coe
June 1st 1998 | ebook | PDF, EPUB, FB2, DjVu, AUDIO, mp3, RTF | 28 pages | ISBN: 9786613779502 | 8.72 Mb

The importance of international trade in the process of economic development and its association with economic growth have received increasing attention. A number of factors explain this renewed emphasis on trade. The most obvious is the success ofMoreThe importance of international trade in the process of economic development and its association with economic growth have received increasing attention.

A number of factors explain this renewed emphasis on trade. The most obvious is the success of many developing countries that have adopted outward-oriented development strategies. This success became increasingly visible by the early 1980s in many fast-growing countries of the Pacific Rim. Strong performance in these countries stood in sharp contrast to earlier, unsuccessful experiences of inward-oriented, import-substitution strategies in some of the same countries, and to the relatively poor performance of other developing countries that did not embrace outward-oriented strategies.



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