The Changing Composition of Developing Country Exports
Hollis B. Chenery, Donald B. Keesing, Mohiuddin Alamgir
Abstract
Hollis B. Chenery, Donald B. Keesing, Mohiuddin Alamgir
Abstract
The role of exports from developing countries has been at the centre of postwar discussions of the world economic order. Until the mid-1960s the developing countries (LDCs) had a steadily declining share of world exports, and manufactured goods provided only about 10 per cent of their export earnings. Slow export growth was correctly perceived as a major obstacle to accelerated development. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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The role of exports from developing countries has been at the centre of postwar discussions of the world economic order. Until the mid-1960s the developing countries (LDCs) had a steadily declining share of world exports, and manufactured goods provided only about 10 per cent of their export earnings. Slow export growth was correctly perceived as a major obstacle to accelerated development. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Key concepts: Developing country, Obstacle, Earnings, Order (exchange), International trade, International economics, Business, Economics