Global Trade, the United States, and Developing Countries
Publication Info
Publication Type
Download
Research Topics
CGD Experts
Opinions
- Trade Talks Collapse: Who's to Blame and What Next?
- Letters to The Editor: Farm Subsidies: Necessary Evil? (Washington Post)
- Controversy over World Bank trade & poverty estimates
- Doha Prospects: Q&A with Kimberly Elliott
Articles
- The Democrats Dither on Trade (Post)
- Reviving Doha? Time for the U.S. to Lead
- Trade Talks Collapse: Who's to Blame and What Next?
- Ending Aid to Rich Farmers May Hurt the Poor Ones [NYT]
- World Bank Reconsiders Trade's Benefits to Poor [WaPo]
- Constellation of interests clouds Doha talks [FT]
Rights and Permissions
We welcome the use of CGD work-just let us know in advance! For contact information see our Rights & Permissions page. CGD rights and permissions are managed under the terms of the Creative Commons license below.
06/15/2006
Global trade, the United States,and developing countries:
Trade plays a key role in an increasingly interconnected and interdependent world, and it makes up a large part of the global economy. For example:
- The value of world exports in 2001 was over $6 trillion, one-third of which originated in developing countries and one-third of which was sold in these countries.
- Over the past 40 years, trade has grown from 9.6% to 26% of the U.S. national economy. This shift has meant that more U.S. jobs are linked to trade and that Americans can buy more low-cost goods from abroad.
- As poor countries become richer and more integrated in the global economy, they purchase more American goods. About 45% of U.S. exports go to developing countries today, compared with 39% a decade ago.