Export-led growth v2.0
The United States (U.S.) recession could hurt the South, particularly in oil and apparel exports, and Latin America and the Caribbean. But South-South trade is partly picking up the slack. Middle-income countries are driving export diversification of low-income countries. Developing countries may be moving toward a new version of export-led growth.
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Summary: | The United States (U.S.) recession could
hurt the South, particularly in oil and apparel exports, and
Latin America and the Caribbean. But South-South trade is
partly picking up the slack. Middle-income countries are
driving export diversification of low-income countries.
Developing countries may be moving toward a new version of
export-led growth. |
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