1945

Over the past five years, the expansion of the world economy and trade has served as an engine of growth for many developing countries and helped to support progress to the Millennium Development Goals. Even the poorest countries have been able to reap benefits from sustained growth of the world economy, largely because of favourable price developments in many primary commodities. Thus the global external environment for development has strongly improved since the turn of the Millennium.

Related Subject(s): International Trade and Finance
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