Trade and Development Report 1989

image of Trade and Development Report 1989

Global output and trade expanded very rapidly last year and are continuing to grow, though at a somewhat reduced pace. The international economy is apparently in good health. However, this appearance is misleading. The growth impulses that are present are quite fragile, and will need to be actively protected.



Experience of individual least developed countries with adjustment

Bangladesh is poorly endowed with natural resources: apart from fertile agricultural land, other exploitable resources are natural gas and fisheries. With a per capita income of about $170 in 1988, income and consumption levels in Bangladesh are some of the lowest among the LDCs. The production structure is undiversified and economic growth is largely determined by the performance of agriculture, which contributed 47 per cent of GDP and provided 71 per cent of employment in 1986.


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