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Article: Marginalisation of the LDCs. (least developed countries)
- Article from:
- African Business
- Article date:
- October 1, 1996
- Author:
CopyrightCOPYRIGHT 1996 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Few African countries have not yet felt the impact of the globalisation of the world economy. For a very few this represents an opportunity to make the crossover to the ranks of the developed nations; for the rest, this is a process to which they are little more than spectators. But what of the Least Developed Countries? Will they be cast on the scrap-heap of history? Guy Arnold reviews a report from UNCTAD and ponders the issue.
The Least Developed Countries 1996 Report by UNCTAD, the 12th of a ties, makes gloomy reading. The main issues examined are the accelerating speed of both globalisation and liberalisation of the world economy. In a nutshell, this means that ...