Trade, Growth and Poverty Reduction: Least Developed Countries, Landlocked Developing Countries and Small States in the Global Economic System

Overview

Why have the least developed countries, and other poorer countries, failed to grow as fast as other economies during the recent period of globalization? Professor Srinivasan explores the broad links between growth in income, globalization, and poverty reduction. He argues that past domestic and international policies have failed to serve the interests of the poorest countries, and suggests that the current array of international institutions, in their unreformed state, are ill-suited to bring about the changes ...
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Overview

Why have the least developed countries, and other poorer countries, failed to grow as fast as other economies during the recent period of globalization? Professor Srinivasan explores the broad links between growth in income, globalization, and poverty reduction. He argues that past domestic and international policies have failed to serve the interests of the poorest countries, and suggests that the current array of international institutions, in their unreformed state, are ill-suited to bring about the changes required. Finally, he makes recommendations on needed reforms to the institutions that manage the global economic system.
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Editorial Reviews

From the Publisher
"A brilliant document on the West pushing their agenda on WTO."--Organiser Weekly

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"Past domestic and international policies have neglected the interests of the poorest countries, argues the author. The voice of countries of the South is too little heard in international organisations and negotiations, he says. The book is critical of many international institutions managing the global economic system and makes a number of recommendations for reforms that could help shift the balance towards the interests of the poor."

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Product Details

  • ISBN-13: 9780850928969
  • Publisher: Commonwealth Secretariat
  • Publication date: 9/30/2009
  • Pages: 156
  • Product dimensions: 6.50 (w) x 9.50 (h) x 0.50 (d)

Meet the Author

T.N. Srinivasan is Samuel J. Park Professor of Economics at Yale University and Visiting Professor at the Stanford Center for International Development, Stanford University.
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Table of Contents

Acknowledgements
Acronyms
Overview
1) Introduction
2) Trade, Growth and Poverty Reduction
Globalisation and Growth; Growth and Poverty Reduction; Growth and Inequality; Globalisation and Poverty Reduction; Globalisation for the Poor
3) Salient Characteristics of Least-Developed Countries
Criteria for Addition to and Graduation from the List of LDCs; Implications of the Criteria; Classical Theory of Comparative Advantage and Small and Vulnerable States
4) Co-operation Between the Developed and Developing Countries to Strengthen the Links Between Trade, Growth and Poverty Reduction
Temporal and Spatial Heterogeneity of the Links and their Strength; Growing Doubts on the Benefits of Globalisation in Developed Countries; Historical Ambivalence of Developing Countries Towards Trade Openness and Multilateral Trade Agreements; Developing Countries in the WTO; Accelerating and Sustaining Growth in LDCs and Small Economies; The Voice of LDCs in International Organisations and Negotiations; Programmes of Action for the LDCs
5) Doha Round and the Least-Developed Countries
6) Making Global Partnership for Development More Effective
Some Recommendations: Is there a ‘global partnership for development’?; Some Recommendations
References
Index
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