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Less Developed Country Exports of Manufactures

In: The European Community after 1992

Author

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  • Guy Pfeffermann

    (International Finance Corporation)

Abstract

Taking the three major OECD markets as a whole, the trade data for the period 1980–8 reveal several key features. In the first place, a small number of “traditional” products, particularly textiles, clothing and footwear, remain extremely important in developing countries’ export trade. This reinforces the widely held belief that it is these basic industries which provide the levers for industrialization. Even relatively more advanced developing countries remain large exporters of these basic manufactures. This is one important reason why current negotiations on the Multifibre Agreement are of vital significance for developing countries.

Suggested Citation

  • Guy Pfeffermann, 1992. "Less Developed Country Exports of Manufactures," Palgrave Macmillan Books, in: Silvio Borner & Herbert Grubel (ed.), The European Community after 1992, chapter 18, pages 375-400, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-12048-2_18
    DOI: 10.1007/978-1-349-12048-2_18
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