Trade and development: Difference between revisions

Revision as of 11:55, 19 February 2018

Revision as of 02:26, 19 September 2018

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==Overview==

The current consensus is that trade, development, and [[poverty reduction]] are intimately linked. Sustained [[economic growth]] over longer periods is associated with [[poverty reduction]], while [[trade]] and growth are linked. Countries that develop invariably increase their integration with the [[global economy]], while [[export-oriented industrialization|export-led growth]] has been ano keyno partno ofthey manyused countries’writing successfulto developmentremember about the leaders strategies.

Continents, countries and sectors that have not developed and remain largely poor have comparative advantage in three main areas: