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TitleThe Global Shift in Wealth: What does it mean for African LDCs?
AuthorJan Rieländer,
SubjectEconomic Development
Date of Publication2011
PublisherEconomic Policy Research Centre (EPRC)
Number of Pages04 pages
Geographical CoverageAfrica, Uganda
KeywordsLeast Developed Countries (LDCs), Global Economy
AbstractThe Global Shift in Wealth” describes the structural transformation of the global economy in which the world’s economic centre of gravity has moved towards the east and south, from OECD members to emerging economies. African LDCs are at the centre of this shift. In 2009 emerging partners have overtaken traditional partners in trade with African LDCs. Manufactured exports have followed this shift and go to 52 percent to emerging partners. FDI is still largely provided by traditional partners but will likely follow the trend of trade.
Copyright HolderEconomic Policy Research Centre (EPRC)
Copyright URL
Filesize899865 MB
File FormatPDF
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