scholarly journals The position of developing countries in international trade

2004 ◽  
Vol 49 (162) ◽  
pp. 65-97
Author(s):  
Radovan Kovacevic
Keyword(s):  
Developing Countries ◽  
Developing Country ◽  
World Trade ◽  
Global Economy ◽  
World Economy ◽  
Substantial Reduction ◽  
Steady Increase ◽  
The World ◽  
Trade Growth ◽  
Dramatic Shift

Recent years have seen a substantial reduction in trade policy and other barriers inhibiting developing country participation in the world trade. Lower barriers have contributed to a dramatic shift in the pattern of developing country trade -away from dependence on commodity exports to much greater reliance on manufactures and services. In addition, exports to other developing countries have become much more important. These changes have profound implications for the role played by developing countries in the world economy and the trade system. Developing countries have become major players in the global economy. The outward-oriented strategies of many economies in emerging Asia have been reflected in high trade growth and a steady increase in their share in the world trade.

The world economy

1998 ◽  
Vol 165 ◽  
pp. 35-42
Author(s):  
Nigel Pain
Keyword(s):  
Capital Market ◽  
World Trade ◽  
Global Economy ◽  
World Economy ◽  
Domestic Demand ◽  
The World ◽  
Asian Economies ◽  
Trade Growth ◽  
The Impact ◽  
The Capital Market

Developments in the Asian economies have clearly begun to be felt in the wider global economy in recent months. It has always been expected that the OECD economies would be affected by the aftermath of the capital market turmoil last year, although the timing and magnitude of the impact was difficult to predict. Domestic demand in the affected Asian economies has proved much weaker than expected, with the effects magnified by a continued downturn in Japan. GDP fell by 5¾ per cent in Korea in the first quarter of this year and by 1¼ per cent in Japan. The aggregate volume of merchandise imports in Asia is expected to decline by around 5½ per cent this year, with falls of up to 25 per cent in countries such as Korea, Thailand and Indonesia. This largely accounts for our projected decline in world trade growth to under 6 per cent this year from an estimated 9¾ per cent in 1997.

The World Economy

2001 ◽  
Vol 175 ◽  
pp. 29-58
Keyword(s):  
Developing Countries ◽  
Latin America ◽  
Eastern Europe ◽  
Economic Activity ◽  
World Trade ◽  
Global Economy ◽  
World Economy ◽  
The World ◽  
World Economic ◽  
Merchandise Trade

World economic activity is estimated to have risen by 4¾ per cent in 2000, the fastest rate for more than a decade. Growth accelerated in all the major geographical areas last year, with GDP rising by an estimated 4.2 per cent in the OECD economies and activity recovering strongly in many developing countries in Asia, Latin America and Eastern Europe. World trade was exceptionally buoyant, with merchandise trade volumes rising by an estimated 13 per cent. However there is now clear evidence that the growth of the global economy has passed its peak.

POSTINDUSTRIALIZATION AND DEINDUSTRIALIZATION IN THE GLOBAL ECONOMY IN THE CONTEXT OF RUSSIA'S ECONOMIC SECURITY

2021 ◽  
Vol 5 (199) ◽  
pp. 9-17
Author(s):  
V.A. Noskov ◽  
Keyword(s):  
Developing Countries ◽  
National Security ◽  
Global Economy ◽  
Industrial Development ◽  
World Economy ◽  
Import Substitution ◽  
Economic Security ◽  
Regional Features ◽  
The World ◽  
Post Industrial

The purpose of the publication is to assess the world experience of post-industrial development and deindustrialization in the economies of both developed and developing countries. The importance of the crisis of the post-industrial paradigm for the development of the world economy, the application of this experience in the process of import substitution and the unfolding reindustrialization in Russia is noted. The analysis of the world experience of post-industrial development and deindustrialization of the economy, its macro-regional features is carried out in the context of maintaining and developing Russia's economic security. The author's understanding of the problems and prospects of the development of import substitution and reindustrialization processes in the world is proposed. Import substitution is considered as part of the strategy of economic development and ensuring the national security of the country. It is proposed to build recommendations for improving the policy of import substitution and reindustrialization carried out by Russia, taking into account the author's developments.

scholarly journals HORIZONS OF RESEARCH IN GEOGRAPHY OF THE WORLD ECONOMY

HERALD ◽  
2017 ◽  
Vol 8 (20) ◽  
Author(s):  
Vladimir Alexandrovich Kolosov ◽  
Elena Alexandrovna Grechko ◽  
Xenia Vladimirovna Mironenko ◽  
Elena Nikolayevna Samburova ◽  
Nikolay Alexandrovich Sluka ◽  
...  
Keyword(s):  
Developing Countries ◽  
Division Of Labor ◽  
Global Economy ◽  
World Economy ◽  
Spatial Organization ◽  
Modern World ◽  
High Tech ◽  
Research Activities ◽  
The World ◽  
The Impact

The advent of "world economic transition" and the formation of a multipolar world is closely linked, according to experts, with loss of globalization advances, which strengthens regionalism, increases diversification and fragmentation of the modern world, creating risks and threats to the world development. In this light studying the spatial organization of the global economy becomes more important, and at the same time that complicates the choice of priorities in the research activities of the Department of geography of the world economy, Faculty of Geography, Moscow State Lomonosov University in 2016-20, requiring a new research “ideology”. The article summarizes some ideas expressed by the department staff. It specifies that concept of territorial division of labor, as well as the defined set of key actors in the world economy and common assumptions regarding their contributions to its development needs a significant revision. The above firstly concerns giant developing countries, in particular rapidly growing China – a kind of locomotive entraining other developing states. Further, the impact of multinationals on the overall architecture and the territorial organization of the global economy becomes more and more tangible. This phenomenon requires the creation of a new scientific area of concern – the corporate geography as a tool to thoroughly investigate the transnational division of labor. Changes in the balance of acting forces are closely related to changes in industry composition and spatial organization of the global economy. The article raises the issues of development of such processes as tertiarization of the economy, reindustrialization and neoindustrialization, the latter being understood as an evolutionary transition to a knowledge-intensive, high-tech, mass labor-replacing and environmentally efficient industrial production. Basing on preliminary research from the standpoint of a relatively new methodological approach – formation of value chains – the vector of "geographical transition" " in their creation from developed to developing countries was designated. This means increasing complexity of the territorial structure of the world economy and an increase in the importance of semi-periphery. A spatial projection of globalization processes in the form of emerging “archipelago of cities”, which consolidates the international network of TNCs as the supporting node frame of the global economy requires close attention and analysis. The need of comprehending the study scope in the field of geography of the world economy in medium Atlas Information Systems (AIS), which in terms of functionality belong to the upper class of electronic atlases, is noted.

Sovereignty and Developing Countries: Current Status and Future Prospects at the WTO

2009 ◽  
Vol 22 (2) ◽  
pp. 395-409
Author(s):  
HANS MAHNCKE
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
World Trade Organization ◽  
World Trade ◽  
World Economy ◽  
Current Status ◽  
Future Prospects ◽  
The Past ◽  
The World ◽  
Global Powers

Globalization, as evidenced in increased trade, economic development, and the emergence of new global powers, has meant that the world economy has undergone significant changes over the past two decades. The World Trade Organization (WTO) is more than a potent representation of these developments, it is often seen, along with its predecessor, the General Agreement on Tariffs and Trade (GATT), as having enabled the process of globalization. However, there are profound concerns about what lies ahead in an increasingly complex economic and regulatory setting, in particular for developing countries (DCs).

scholarly journals Philosophical Arguments for Increased Aid to Developing Countries

2005 ◽  
Vol 1 ◽  
Author(s):  
Gabriel Scott Morris
Keyword(s):  
Developing Countries ◽  
Developing Country ◽  
Moral Obligation ◽  
World Economy ◽  
Developed Countries ◽  
Philosophical Inquiry ◽  
Analysis Techniques ◽  
The World ◽  
World Poverty ◽  
Practical Implications

The wealth disparity between developed and developing countries has resulted in widespread poverty and frequent support of terrorism in the developing world. However, developed countries have given only tenths of a percent of their respective gross national products recently to close this wealth gap. A better understanding of this situation requires a philosophical inquiry into the moral and practical implications of providing increased aid to developing countries. First, the author argues there is a moral obligation for people in developing countries to increase developing country aid. Second, the author argues that this increase in developing country aid will decrease the cumulative presence of world poverty and will improve the world economy. To emphasize these benefits, the author employs deontological and contemporary analysis techniques in the context of five potential objections to reinforce the need for increased developing country aid.

Prospects for the global economy to end-2019

2019 ◽  
Keyword(s):  
United States ◽  
Fiscal Policy ◽  
World Trade ◽  
Global Economy ◽  
World Economy ◽  
The United States ◽  
Content Type ◽  
The Us ◽  
The World

Subject Prospects for the global economy to end-2019. Significance The world economy is likely to grow by around 3% this year. This is the lower end of the 3.0-3.5% range expected six months ago. World trade is weakening amid the US-China conflict and productivity is not picking up. China is expanding fiscal policy and others may follow, perhaps Germany and the United States. Monetary tightening is off the table and some countries may loosen policy. However, this will mainly shore up growth rather than raising it.

The World Economy

2000 ◽  
Vol 172 ◽  
pp. 33-61
Author(s):  
Nigel Pain ◽  
Paul Ashworth ◽  
Dawn Holland ◽  
Florence Hubert ◽  
Dirk Willem te Velde
Keyword(s):  
Economic Activity ◽  
World Trade ◽  
World Economy ◽  
Rate Of Growth ◽  
Regional Markets ◽  
The World ◽  
Trade Growth ◽  
Merchandise Trade ◽  
First Time

Global economic activity has continued to gain momentum in recent months and a cyclical upturn is now clearly underway. The rate of growth of world GDP is projected to rise to just under 4¼ per cent this year, from an estimated outturn of 3.4 per cent last year. Growth is expected to accelerate in all the major regional markets for the first time since 1994. The improving economic prospects are already apparent in the trade statistics for the latter part of last year. World trade growth, measured in terms of merchandise trade volumes, is expected to rise by 9 per cent this year from 5½ per cent in 1999.

Chapter II. The World Economy

1985 ◽  
Vol 111 ◽  
pp. 29-47
Keyword(s):  
Developing Countries ◽  
World Economy ◽  
Substantial Reduction ◽  
Commodity Prices ◽  
Output Growth ◽  
Balance Of Payments ◽  
Gdp Growth ◽  
Consumer Prices ◽  
The World ◽  
Oil Shock

1984 was a much better year for the world economy than most observers, including ourselves, were expecting twelve months ago. Increases of 4 1/2–5 per cent in OECD countries' GDP and probably over 9 per cent in the volume of trade were the largest for at least eight years and far in excess of general expectations. At the same time the developing countries probably achieved GDP growth of the order of 3 1/2 per cent—easily their highest rate since 1979 despite continued restraint of imports, through which they achieved a substantial reduction in their balance of payments deficit on current account. Moreover, inflation, though probably rather faster than in 1983 in the developing countries, did not accelerate in the OECD area. Indeed, while its consumer prices rose, as in 1983, by 5-5 1/2 per cent, inflation measured by GDP deflators appears to have declined further, probably to the slowest rate since the ‘first oil shock’. Neither wage settlements nor commodity prices reacted as strongly as might have been expected to accelerated output growth. Indeed commodity prices weakened markedly during the summer.

The world economy

1998 ◽  
Vol 165 ◽  
pp. 3-3
Keyword(s):  
World Trade ◽  
World Economy ◽  
Banking System ◽  
Japanese Economy ◽  
List Type ◽  
South East Asia ◽  
Price Inflation ◽  
The World ◽  
Trade Growth ◽  
The Eu

•The Asia crisis will cut world trade growth by over a third in 1998.•The Japanese economy will contract by 1 per cent this year, prolonging the slump in the worst affected parts of South-East Asia.•A strong monetary stimulus and a restoration of confidence in the banking system are required to stimulate demand in Japan.•The risk of a Chinese devaluation has risen.•The EU will be the strongest performing region in the OECD in 1999 with growth of just over 2.5 per cent.•US consumer price inflation will rise sharply in 1999.

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