The debt-trade connection in debt management initiatives. The need for a change in paradigm
Source: CHOIKE
The current international community efforts to support development and poverty reduction in developing countries are based on the notion that the participation of these countries in the international economic system is deeply affected by a series of asymmetries and imbalances. Debt and trade policies are perceived to be a crucial part of this complex of policies. However, the close interdependence that exists between the asymmetries in the trade system and the chronic nature of the over indebtedness problem faced by developing countries oftentimes goes missing in policy initiatives.
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