Trends In Developing Country Trade 1980-2010

Michalopoulos, Constantine; Ng, Francis

Trends In Developing Country Trade 1980-2010

Autores

Michalopoulos, Constantine

Ng, Francis

Editor

World Bank, Washington, DC

Descripción

This paper reviews trends and patterns in developing countries' trade from 1980 to 2010. During the 30-year span, world trade expanded rapidly, especially in developing countries in the last decade. A similar picture emerges in trade in services. These overall trends, however, mask different trade patterns during some of the time periods and among different developing countries and groups. For example, except for Asia, the 1980s were pretty much a "lost" decade for many developing countries and groups. But that changed in the 1990s and 2000s, with trade by all major developing countries growing faster than developed countries. From 1980 to 2000, trade by Least Developed Countries grew much more slowly than that of developing countries as a whole. But those countries saw the fastest growth in trade in the following decade. This strong overall trade performance -- with some exceptions (for example Sub-Sahara Africa in the manufacturing trade) -- raises questions about sustainability, trade policy and the architecture of the trading system.

Palabras clave

AGRICULTURE, ANNUAL % GROWTH, ANNUAL % GROWTH RATE, ANNUAL GROWTH, ANNUAL RATE, AVERAGE GROWTH, AVERAGE GROWTH RATE, COMMODITIES, COMMODITY, COMMODITY EXPORTS, COMMODITY PRICES, COMPARATIVE ANALYSIS, COMPETITIVENESS, CONSUMER GOODS, COUNTRY PERFORMANCE, DEBT, DEVELOPED COUNTRIES, DEVELOPED ECONOMIES, DEVELOPING COUNTRIES, DEVELOPING COUNTRY, DEVELOPING ECONOMIES, DEVELOPING MARKETS, DEVELOPING WORLD, DEVELOPMENT ECONOMICS, DEVELOPMENT POLICY, DISTRIBUTION SERVICES, DOMESTIC PRODUCTION, ECONOMIC ACTIVITY, ECONOMIC INTEGRATION, ECONOMIC REVIEW, EXPORT BASKET, EXPORT DYNAMISM, EXPORT EARNINGS, EXPORT GROWTH, EXPORT PERFORMANCE, EXPORT SECTORS, FINANCIAL SERVICE, GDP, GLOBAL ECONOMIC PROSPECTS, GLOBAL TRADE, GLOBALIZATION, GROWTH IN TRADE, GROWTH PERFORMANCE, GROWTH RATE, GROWTH RATES, HIGH INCOME, IMPORTS, INCOME, INCOME COUNTRY, INCOME GROUP, INCOME GROUPS, INCOME INEQUALITY, INCOME LEVEL, INCOME LEVELS, INCOMES, INEQUALITY, INFORMATION TECHNOLOGY, INSURANCE, INTERNATIONAL TRADE, INTERNATIONAL TRADING, INTERNATIONAL TRADING SYSTEM, INVERSE RELATIONSHIP, LDCS, LIBERALIZATION, LOW INCOME, LOW INCOME DEVELOPING COUNTRIES, MARKET ACCESS, MARKET SHARE, MARKET SHARES, MIDDLE INCOME, MIDDLE INCOME COUNTRIES, MIDDLE INCOME ECONOMIES, MULTILATERAL TRADE, OUTPUT, PER CAPITA INCOME, PER CAPITA INCOME LEVELS, POLICY DISCUSSIONS, POLICY ISSUES, POLICY RESEARCH, POLITICAL ECONOMY, POOR COUNTRIES, PREFERENTIAL ARRANGEMENTS, PROTECTIONISM, PROTECTIONIST, RAPID EXPANSION, RAPID GROWTH, REGIONAL GROWTH, SMALL ECONOMIES, TRADE AMONG DEVELOPING COUNTRIES, TRADE DEVELOPMENT, TRADE IN SERVICES, TRADE LIBERALIZATION, TRADE NEGOTIATIONS, TRADE PERFORMANCE, TRADE POLICIES, TRADE POLICY, TRADE RELATIONS, TRADING SYSTEM, TRANSITION ECONOMIES, URUGUAY ROUND, WORLD DEVELOPMENT INDICATOR, WORLD DEVELOPMENT INDICATORS, WORLD ECONOMY, WORLD MARKET, WORLD TRADE, WORLD TRADE ORGANIZATION, WTO