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The Trade Integration from the Developing Countries Perspective

Author

Listed:
  • Orac Camelia
  • Stefan Monica

Abstract

This paper aims to examine the implementation of economic policies and reviewing the progress of economic integration. The last wave of globalization started in the '80s in order to promote economic equity and managed to contribute to poverty reduction. As a result, the economic costs associated with employment protection, culture and environment incurred by developing countries have diminished. The essential element in reducing poverty is the development of international trade. States that oppose globalization have become the most poorly developed. It is assumed that increased globalization leads to increased income of the poor in developing countries.

Suggested Citation

  • Orac Camelia & Stefan Monica, 2010. "The Trade Integration from the Developing Countries Perspective," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 586-591, October.
    • Handle: RePEc:ovi:oviste:v:10:y:2010:i:2:p:586-591
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    More about this item

    Keywords

    global economy; global economic development; international trade; investment flows; annual growth rates.;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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