Trade and Development: Is South-South Co-operation a Feasible Strategy?
AbstractThe first part of this article gives a brief overview of the main problems facing the developing countries in the present international trading system, and reviews the debate on import substitution vs. export promotion. Towards this background the main part of the article discusses South-South co-operation as an alternative or complementary development strategy. Global South-South co-operation and collective self-reliance is largely dismissed as an ideologically motivated policy recommendation, overlooking the large number of conflicting interests among developing countries. The areas of joint interest are greater at regional or subregional levels, and a number of South-South integration schemes have been signed during the last decade. There are several potential gains associated with these integration processes, but substantial economic and political barriers have to be overcome. When geographically and politically possible, North-South integration schemes may have larger advantages than pure South-South arrangements.
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Bibliographic InfoPaper provided by Norwegian School of Economics and Business Administration- in its series Papers with number 21/98.
Length: 24 pages
Date of creation: 1998
Date of revision:
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Postal: NORWEGIAN SCHOOL OF ECONOMICS AND BUSINESS ADMINISTRATION, HELLEVEIEN 30, 5035 BERGEN SANDVIKEN NORWAY.
Phone: 5595 9000
Fax: 5595 9100
Web page: http://www.nhh.no/
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INTERNATIONAL TRADE ; ECONOMIC INTEGRATION ; ECONOMIC DEVELOPMENT;
Find related papers by JEL classification:
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F15 - International Economics - - Trade - - - Economic Integration
- O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
- O20 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - General
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- Shafaeddin, Mehdi, 2010. "The Role of China in Regional South-South Trade in Asia-Pacific: Prospects for industrialization of the low-income countries," MPRA Paper 26358, University Library of Munich, Germany.
- Shafaeddin, Mehdi, 2008. "South-South Regionalism And Trade Cooperation In The Asia-Pacific Region," MPRA Paper 10886, University Library of Munich, Germany.
- Shafaeddin, Mehdi, 2010. "The rationale for South-South trade; An Alternative Approach," MPRA Paper 26354, University Library of Munich, Germany.
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