Trade and Development Report 1981

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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.



World development in historical perspective: Developing countries

At the end of the Second World War, many of the developing countries were still governed by colonial powers. While the process of decolonization was largely completed in the 1960s, economic structures and trading patterns established during the era of colonial domination still persist. Nevertheless, the post-war period witnessed substantial progress and important structural changes in developing countries which are bound to have far-reaching implications not only for their economies but also for the world economic system as well.


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