Trade Developing Countries

Abstract: This 8 page paper discusses how developing countries have fared with trade reforms and globalization. An emphasis is placed on Africa. The data are dismal. While more open trade has helped some nations, others are worse off now than they were twenty years ago. For instance, low income developing countries account for more than 40 percent of the world's population but they have access to only 3 percent of the world market. The essay provides an overview of world trade as it affects developing nations and the pressure being put on them to reform. The problems inhibiting African trade are identified. Data are included. Bibliography lists 5 sources.

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Catagory:

Subcatagory: International Economics & Finance

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