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Rozvojové země v éře ekonomické globalizace
[Developing countries in economic globalization era]

Author

Listed:
  • Jiří Fárek
  • Jaroslav Foltýn

Abstract

This article describes core changes, both theoretical and practical, of DC's action unity and its new features after the globalization acceleration during the 90's and the beginning of 21st century. Following re-defintion of basic terminological issues the authors show that the "unity of purpose" famous in the 70's has not yet evaporated as predicted by some authors in the late 80's. The case is analyzed and ilustrated by the failure of 5's WTO Summit in Cancún, September 2003 and also negotiations connected with the creation and activities of Group 21. The problems of agricultural subsidies are in the centre of attention with possible impact on international trade as mainly EU and its new members (including the Czech Republic) is concerned. However, the authors predict that the new LC's "unity of purpose" will be more volatile and fragile than before.

Suggested Citation

  • Jiří Fárek & Jaroslav Foltýn, 2004. "Rozvojové země v éře ekonomické globalizace [Developing countries in economic globalization era]," Politická ekonomie, Prague University of Economics and Business, vol. 2004(6).
    • Handle: RePEc:prg:jnlpol:v:2004:y:2004:i:6:id:490
    DOI: 10.18267/j.polek.490
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    More about this item

    Keywords

    globalization; developing countries; agriculture protectionism; action unity; international economic relations; unity in diversity; EU subsidiaries; differentiaton; EU enlargemen; World Trade Organization;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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