ISSN: 2450-7733
eISSN: 2300-4096
OAI
DOI: 10.18276/sip.2017.49/1-11
Issue archive /
nr 49/1 2017
Uwagi o surowcowo-rolnej specjalizacji eksportu krajów rozwijających się w XXI wieku
(Some remarks on agricultural and raw materials export specialization of developing countries in the 21st century)
| Authors: |
Jerzy
Dudziński
Uniwersytet Szczeciński |
| Keywords: | terms of trade developing countries world prices international trade |
| Data publikacji całości: | 2017 |
| Page range: | 12 (125-136) |
| Klasyfikacja JEL: | E64 F10 F14 F40 |
Abstract
The international trade situation in second decade of 21st century clearly confirms negative – in long run – effects of strong dependence on primary goods export. Africa and South America, which have been scrutinized in this paper, are the evident demonstration of this issue. Situation of less raw materials and food dependent regions (i.e. Latin America including Central America) looked much better. Results of Asia were the best, due to its export specialization in manufactured goods. Long time ago formulated – both in the literature and on international organizations’ forums – opinions indicating the need for industrialization policy and economy diversification are therefore still valid, because deindustrialization and primarization processes, especially in Africa and South America, were noticed on significant scale in the first decade of 21st century.
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