1945

International markets and developing countries

International markets are the main vehicle through which changes in the overall economic environment affect developing countries. Inflation, deflation, growth, recession and structural change in the world economy at large are transmitted to developing countries in the first instance through international trade and financial transactions. Developing countries are naturally influenced by the overall ebb and flow of the markets, in some of which they are important actors. But they are also influenced by changes in their own capacity to participate in current market dynamics.

Related Subject(s): International Trade and Finance
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