Abstract
Increased trade among the developing countries is often seen as a viable and more gainful alternative to their trade with developed countries. The following article examines trends in the volume, composition and direction of South-South trade since 1970 and addresses the question as to whether the many existing barriers to South-South trade have in fact led to a bias against it.
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References
R. J. Langhammer and D. Spinanger: Wirtschaftliche Zusammenarbeit zwischen den Entwicklungsländern (Chancen und Risiken), Tübingen 1984, pp. 68–69, have shown that for Malaysia, Singapore and Taiwan the domestic employment effect from products exported towards LDCs has been significantly smaller than from products exported towards DCs.
Cf. U. Hiemenz: Die Außenhandelsverflechtung von Entwicklungsländern: Eine Analyse von Markterschließungsstrategien, in: H. Giersch (ed.): Probleme und Perspektiven der weltwirtschaftlichen Entwicklung, Berlin/Munich 1985, pp. 159–178.
Following UNCTAD, we distinguish between: DCs (OECD, Yugoslavia, Israel and South Africa), Socialist Countries (Eastern Europe, PR China, PR Korea and Viet Nam) and LDCs=OPEC-countries and NOPEC-countries (all other countries not members of another grouping). All data if not stated otherwise are taken from UNCTAD: Handbook of International Trade and Development Statistics, New York, various years.
Cf. A. Halbach: Processing and Marketing Raw Materials—Structures, Opportunities and Obstacles, in: INTERECONOMICS, Vol. 21, 1986, No. 1, pp. 27–33.
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Straubhaar, T. South-South trade: Some recent trends. Intereconomics 21, 239–245 (1986). https://doi.org/10.1007/BF02926978
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DOI: https://doi.org/10.1007/BF02926978