Trends in Developing-Country Trade, 1980–99

Constantine Michalopoulos

Chapter 2 in Developing Countries in the WTO, 2001, pp 7-21 from Palgrave Macmillan

Abstract: Abstract The period covered in this study, 1980–1999, witnessed a rapid expansion of world trade and a slightly more rapid expansion of developing-country trade. The share of developing-country trade in total world merchandise trade (exports plus imports) was somewhat higher at the end of the period than at the beginning — 28.8 per cent as opposed to 27.4 per cent (Tables 2.1 and 2.2). A similar picture emerged in trade in services. While the data on services are much less complete than for merchandise trade, there is little doubt about the overall trends: trade in services grew even faster than merchandise trade; and there was a rise in the share of developing-country exports.

Keywords: Transition Economy; Trade Performance; Total Trade; Current Account Balance; Manufacture Export (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-0748-6_2

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DOI: 10.1057/9781403907486_2

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