Globalization – will it save or destroy the world?
Posted by LeGianT on June 21, 2008
BBC News Online looks at how poor countries have fared as trade has increased.
World trade has been the engine of world economic growth in the last 50 years. But many poor countries have been left behind as rich countries have subsidised agriculture and blocked access to their markets.
The growth in world trade has been unevenly spread. Some developing countries – often in Asia – have increased growth by producing more manufactured goods. But others – often in Africa – have fallen further behind.