Mobilizing domestic resources for development - Chapter II
Mobilizing domestic resources for development - Chapter II
Since the early 1990s, growth of exports of developing countries as a whole has been robust. In both the first and second halves of the last decade, the average annual growth of developing-country exports surpassed the growth rate of world exports (12.2 versus 8.7 per cent for 1991-1995 and 7.7 versus 4.8 per cent for 1996-2000). Moreover, this trend continues—with global exports having expanded at an annual rate of 5.8 per cent per year in 2001-2003, compared with a comparable rate of 7.4 per c
