Small Developing Countries and Global Markets

WALTER KENNES is Head of Sector for regional integration at the European Commission's Directorate General for Development. He joined the European Commission in 1984. His previous areas of work include food aid, food security, agricultural development and structural adjustment.

'Drawing lessons from a rich experience, Walter Kennes untangles our understanding of small developing countries and global markets. In this insightful book, he offers, not recommendations, but the most promising strategy mix to help concerned policy-makers meet the challenges and opportunities of globalization.' - Ahmedou Ould-Abdallah, Executive Secretary, Global Coalition for Africa 'With intimate knowledge of the subject, Walter Kennes presents a clear and concise overview of the options of developing countries for participating in the world economic system. The book provides some new directions for reflecting on how African countries can take advantage of the processes of globalization and regionalization.' - Daniel Bach, Africa Studies Centre, Boston University 'The audience for this readable and practical book includes policy-makers, academics, politicians and the private sector in about half of the sovereign countries in the world (home to about ten percent of the world's population). It is a very welcome addition to the development literature, not the least because it focuses on a large group of countries whose problems are often neglected by analysts busy working on the role of the big players in the ongoing integration of the world economy.' - Richard Blackhurst, Graduate Institute of International Studies (Geneva); former Director of Economic Research, GATT/WTO Secretariat (1985-97)

• Preface and Acknowledgements List of Tables and Figures List of Abbreviations Introduction WTO Membership: What's in it for Small Developing Countries? Unilateral Economic Liberalization South-South Regionalism Non-Reciprocal Arrangements with Industrial Countries North-South Regionalism Summary and Conclusion Appendix A: Regional Integration Arrangements Involving Developing Countries Appendix B: Characteristics of Small Developing Economies References Index