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Developing Countries in the Liberalisation of World Trade

In: Towards an Open World Economy

Author

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  • David Wall

Abstract

In response to a variety of factors, serious inter-governmental discussions got under way at the time of the monetary crisis of of 1971 on how trade between developed countries might be further liberalised. While fresh trade negotiations between developed countries are greatly to be welcomed, it is important that the effects of the resulting liberalisation on the trading interests of less developed countries should be taken into consideration, in order that they might be accommodated. Some aspects of trade liberalisation in the past have tended to harm such interests both relatively and absolutely.

Suggested Citation

  • David Wall, 1972. "Developing Countries in the Liberalisation of World Trade," Palgrave Macmillan Books, in: Towards an Open World Economy, chapter 0, pages 93-101, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-01712-6_5
    DOI: 10.1007/978-1-349-01712-6_5
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