Stankevicius’ Post

Boosting Developing Economies: The Critical Role of Aid for Trade in a Turbulent Global Market The benefits of international trade for developing countries are well-documented. Over the past three decades, low- and middle-income nations have doubled their share of global exports to 30 percent. Concurrently, the proportion of the global population living in extreme poverty has dramatically decreased from 47 percent to just 10 percent, with one billion people lifted out of poverty.

Boosting Developing Economies: The Critical Role of Aid for Trade in a Turbulent Global Market The benefits of international trade for developing countries are well-documented. Over the past three decades, low- and middle-income nations have doubled their share of global exports to 30 percent. Concurrently, the proportion of the global population living in extreme poverty has dramatically decreased from 47 percent to just 10 percent, with one billion people lifted out of poverty.

Boosting Developing Economies: The Critical Role of Aid for Trade in a Turbulent Global Market The benefits of international trade for developing countries are well-documented. Over the past three decades, low- and middle-income nations have doubled their share of global exports to 30 percent. Concurrently, the proportion of the global population living in extreme poverty has dramatically decreased from 47 percent to just 10 percent, with one billion people lifted out of poverty.

Boosting Developing Economies: The Critical Role of Aid for Trade in a Turbulent Global Market The benefits of international trade for developing countries are well-documented. Over the past three decades, low- and middle-income nations have doubled their share of global exports to 30 percent. Concurrently, the proportion of the global population living in extreme poverty has dramatically decreased from 47 percent to just 10 percent, with one billion people lifted out of poverty.

Boosting Developing Economies: The Critical Role of Aid for Trade in a Turbulent Global Market The benefits of international trade for developing countries are well-documented. Over the past three decades, low- and middle-income nations have doubled their share of global exports to 30 percent. Concurrently, the proportion of the global population living in extreme poverty has dramatically decreased from 47 percent to just 10 percent, with one billion people lifted out of poverty.

Boosting Developing Economies: The Critical Role of Aid for Trade in a Turbulent Global Market The benefits of international trade for developing countries are well-documented. Over the past three decades, low- and middle-income nations have doubled their share of global exports to 30 percent. Concurrently, the proportion of the global population living in extreme poverty has dramatically decreased from 47 percent to just 10 percent, with one billion people lifted out of poverty.

#METRObusinessWEEK International trade generally promotes #economic growth, alleviates poverty, and helps countries reach their #development goals. It allows countries to expand their markets and #access goods and services that otherwise may not have been available #domestically. However, in many developing countries, the lack of economic #diversification, and dependence on limited export commodities and markets increase their international trade #vulnerability. Nations that are vulnerable in the context of international trade are #countries at high risk of being impacted by adverse #economic and political conditions in their trade partner economies, increases in global competitiveness, and unfavourable changes in continental and global policies. To ameliorate the adverse effects of trade vulnerability, #Sustainable #Development Goal 17.11 targets a significant increase in the exports of #developing countries

What should advanced and developing economies do to ensure that international trade remains a driver of economic growth and poverty reduction? See this blog by Sebastien Dessus

Africa will shape the world's trade and unleash unlimited trade opportunities

Africa’s integration in the G20 member countries have marked a new step for paving the path of growing global economy and trade, especially with inclusion of developing economies. #g20summit2023 #g20summit #globaleconomy #globaltrade