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Planning for regional trade

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  • Development policy
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Intereconomics

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  1. The present value of intra-trade among LDC’s accounts for 3-4 p.c. of world trade, while more than US$ 25 bn worth of food, textiles and manufactures are imported by LDC’s from developed countries.

  2. Lester B. Pearson, et alia (Pearson Commission Report): Partners in Development, New York, 1969, pp. 91-95.

  3. Op. cit., p. 95.

  4. Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru and Uruguay. Bolivia and Venezuela joined in 1967 but are excluded from figures.

  5. Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua.

  6. Kenya, Tanzania and Uganda.

  7. SITC Group 5-9.

  8. See GATT - International Trade, Issues 1964-67.

  9. These bold conclusions have been recently supported by the discussions among member countries of LAFTA on the occasion of its Tenth Anniversary.

  10. On the other hand, successful development of trade in itself is often a stimulus to the private banking system to provide credit facilities of this kind, and assistance may, therefore, be needed only rarely.

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  1. Economics Department of the World Bank, Washington, D.C.

    Thomas Geer

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  1. Thomas Geer
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Geer, T. Planning for regional trade. Intereconomics 5, 321–325 (1970). https://doi.org/10.1007/BF02928925

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  • DOI: https://doi.org/10.1007/BF02928925

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