Trade and Development Report 1981-2011

Three Decades of Thinking Development

image of Trade and Development Report 1981-2011

This publication identifies the key issues in the global economy and the design of development strategies addressed in the Trade and Development Report over the past three decades, tracing them through its various editions. It shows how ideas, opinions and proposals expressed in the Trade and Development Report, and the analytical approaches used, differed from those of “the mainstream” and their evolution in response to new challenges. This review revisits the concept of interdependence and explains the approach of the reports to macroeconomic and financial policies in both developed and developing countries. It also summarizes development policy failures and successes over the years.



Global economic governance

Although the TDR has the term “trade” in its name, it has probably contributed as much to discussions on development-related international monetary and financial issues as it has to trade issues. This is because the interaction of trade and development cannot be analysed independently of financial and monetary issues. From its perspective of interdependence, the TDR has therefore regularly examined the performance of the international monetary and financial system. This includes an assessment of the functioning of the international financial institutions in terms of their impacts on developments in the world economy, and especially in developing countries. In this context, it also covers issues relating to trade financing and the balance of payments, as well as the debt situation in developing countries.


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