How Do Cultural Differences Affect Trade Reciprocity between Developed and Developing Countries?

• Tác giả: J.P Singh
• Ngôn ngữ: eng
• Ký hiệu phân loại: 303.48 Causes of change
• Thông tin xuất bản: World Bank, Washington, DC, 2019
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 309012
• Chủ đề: 1. ASEAN; 2. CULTURE; 3. MULTILATERAL TRADE NEGOTIATION; 4. TRADE POLICY; 5. TRADE RECIPROCITY

Tóm tắt

Cultural distance in this Brief refers to the gap between development narratives promoted from the developed world-from experts, policymakers, and international organizations-versus political-economy practices in the developing world. The cultural distance analyzed here focuses on paternalistic factors in advanced countries contributing to trade barriers facing developing countries. Gradual moves toward reciprocal rather than discriminatory preferential access, as well as export diversification, can benefit the developing world.