2005 Since textile and apparel trade quotas ended on January 1, 2005, the world market for textiles and apparel products has shifted dramatically. China has achieved breathtaking gains in exports in just a few months, while other suppliers have suffered. … Read More
Trade and foreign direct investment can both transform economic structures and relationships in the developing world-but FDI may ultimately have the greater impact. It not only finances new production but is also the means for transferring technologies and best practices … Read More
2005 Quotas that had long restrained Chinese and other large-scale producers from dominating U.S. and EU markets ended on January 1, 2005. Quotas helped many developing countries move from commodity exports into manufacturing, but also made them dependent on textile … Read More
A Diagnostic Trade Integration Study, 2004 Mozambique has registered remarkable achievements over the past decade in growth, stabilization, and reform. Yet the country is still one of the poorest in the world. To lift its citizens from poverty, Mozambique must … Read More
The Dominican Republic’s apparel industry is facing many challenges at home and in the global economy. When global quotas are eliminated in January 2005, the country will lose an important shield from open competition in the United States, its main … Read More
2004 In contrast to other modes of intercity transport, bus transport is the most fuel efficient, least subsidized, and readily accessible to those who might not otherwise travel to New York City. A recent study by Nathan Associates estimates that … Read More
2004 HIV/AIDS has a triply devastating effect on poverty reduction in heavily affected countries. At the national level, the adverse impact on economic growth short-circuits the most powerful engine for sustainable poverty reduction: rising national income. At the individual level, … Read More
2004 Agricultural production in sub-Saharan Africa (SSA) can reduce poverty and engender sustainable economic growth through trade in developed domestic, regional, and global markets. Assistance should focus on providing small farmers with access to better transportation and communications infrastructure and … Read More
To benefit fully from integration into the world economy, developing countries need basic public goods and services: transportation infrastructure, information and communications technology systems, trade facilitation mechanisms, standards certification bodies, and developed markets. Where small, poor governments lack the capital … Read More
Infant-industry theory posits that small or less productive firms in developing countries require protection to catch up to foreign competitors. The theory is often cited as a validation for government-sponsored protection from trade and foreign direct investment. But empirical evidence … Read More