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Published in:
1998 | OriginalPaper | Chapter
Developing Countries
Author : Brian McDonald
Published in: The World Trading System
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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The share of developing countries in world trade or world exports in 1994 was in the region of 40 per cent (including economies in transition),1 and in the case of manufactured exports about 17 percent. Manufactured exports in particular have been increasing rapidly, and indeed exports from developing countries have continued to grow by about 12 per cent a year compared with the 4–7 per cent growth of industrial country exports.2