Trade and Development Report 1982

image of Trade and Development Report 1982

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.



Introduction and overview

The Trade and Development Report 1981 reviewed the development performance of developing countries over the past several decades and pointed to the emerging crisis of the development process. It noted that this crisis was unfolding against the background of unfavourable world economic conditions and posed the question of how development could be made to accelerate in the face of the likely continuation of those conditions. This year's Trade and Development Report elaborates on these same themes. It reports on the serious deepening of the crisis in development that has occurred since last year's report, on the further deterioration in the international economic environment, and examines certain aspects of the dynamic interrelationship between the two. The conclusion of this analysis is that urgent action in the fields of trade, commodities and international finance is required in support of the development process.


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