Small Developing Countries and Global Markets

More than half of the world's sovereign states are small economies. The majority are in Sub-Saharan Africa and the Caribbean Basin. For small economies, the globalization process involves opportunities, but also important risks because of their vulnerability and lack of diversification. This book discusses the advantages and pitfalls of different strategies for small developing economies to become more integrated into the world economy. It should help with the formulation of a coherent and effective policy response.

Autorentext

WALTER KENNES is Head of Sector for regional integration at the European Commission's Directorate General for Development. He joined the European Commission in 1984. His previous areas of work include food aid, food security, agricultural development and structural adjustment.

Zusammenfassung
More than half of the world's sovereign states are small economies. This book discusses the advantages and pitfalls of different strategies for small developing economies to become more integrated into the world economy.

Inhalt
Preface and Acknowledgements List of Tables and Figures List of Abbreviations Introduction WTO Membership: What's in it for Small Developing Countries? Unilateral Economic Liberalization South-South Regionalism Non-Reciprocal Arrangements with Industrial Countries North-South Regionalism Summary and Conclusion Appendix A: Regional Integration Arrangements Involving Developing Countries Appendix B: Characteristics of Small Developing Economies References Index