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From direct foreign investment to the flow of capital, there are endless factors that affect the economies of the world's poorest countries. Knowledge of the struggles of these countries-also known as the Least Developed Countries (LDCs)-is essential to understanding the impact of globalization. This work provides a platform for grasping why developed countries are reaping the benefits of globalization while the LDCs are being left behind.
Topical chapters seek to uncover the processes that LDCs should take to reverse their marginalization and build their economies so that they can receive the benefits of globalization. Subjects include: *The relationship between the World Trade Organization, World Bank, and the International Monetary Fund *Multilateral trade regimes *Tariff and non-tariff barriers in developed countries *Global Commodity Prices *Trends in Poverty and Human Development *Technology
List of contents
Preface
Introduction
The State of the LDCs: How Marginalized Are They in the Contemporary World Economy?
Multilateral Trade Regimes Under the GATT/WTO: How Do They Contribute to the Marginalization of the LDCs?
Special and Differential Treatment Measures Under the GATT/WTO: How Advantageous Are They for the Development of the LDCs?
The GATT/WTO Trade Regimes: How Lackluster Liberalization of the Textiles and Clothing Sector Restrained Economic Growth of the LDCs?
The GATT/WTO Trade Regimes: How Lack of Liberalization of the Agricultural Sector Impedes Economic Growth of the LDCs?
The WTO and the LDCs: How Conductive is the WTO Platform for Safeguarding and Promoting the Interests of the LDCs?
In Conclusion
References
About the author
Caf Dowlah
