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Non-Reciprocal Arrangements with Industrial Countries

In: Small Developing Countries and Global Markets

Author

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  • Walter Kennes

Abstract

During the 1960s and 1970s developing countries pleaded strongly in favour of non-reciprocal trading arrangements with the industrial countries. Such arrangements were seen as a way to increase their exports and thus stimulate economic growth. It can be argued that the initial lukewarm response of many industrial countries strengthened the case for inward-looking strategies among developing countries. In fact, as argued in Chapter 3, the inward-looking strategy remained dominant well into the 1980s.

Suggested Citation

  • Walter Kennes, 2000. "Non-Reciprocal Arrangements with Industrial Countries," Palgrave Macmillan Books, in: Small Developing Countries and Global Markets, chapter 5, pages 82-103, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-97776-7_5
    DOI: 10.1057/9780333977767_5
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