Reverse linkages: the growing importance of developing countries.(Global Economic Prospects and the Developing Countries)

From: Finance & Development | Date: March 1, 1996| Author: | Copyright information

The remarkable growth of developing countries' output and trade since the 1970s has increased their significance to the global economy. While Third World economies have long been heavily dependent on industrial countries, interest is now shifting to 'reverse linkages,' or the impacts of developing countries on the developed economies. Analysts are examining the potentially adverse effects of increasing trade between the two groups on employment and wages in industrialized countries. A comprehensive analysis of greater trade between industrial and developing countries, increasing financial ...

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