1945

Trade and Development Report 2003

Capital Accumulation, Growth and Structural Change

image of Trade and Development Report 2003

Trade and Development Report 2003 offers a distinct perspective on global economic trends and prospects and raises some disturbing questions about the frail state of the trade-development nexus - particularly critical in the aftermath of Cancún. It traces the difficulties back to the surges in global trade and financial flows in the 1990s and warns that pushing liberalization at a time of sluggish global growth and unemployment runs the danger of rekindling mercantilist reactions in advanced countries and false expectations in developing countries.

Related Subject(s): International Trade and Finance

References

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