Increased export performance and competitiveness of developing countries is mainly a China story
M. Ataman Aksoy, Francis Ng 03 May 2014
Developing countries gained significant market shares in both industrial and developing countries throughout the 1990s and 2000s. This column highlights that China accounts for more than 70% of market share gains by developing countries in both industrial and developing countries during the 2000s. Recent increases in the industrial capabilities and competitiveness of developing countries can thus be considered predominantly a Chinese affair.
One of the important developments of the last couple of decades has been the rapid expansion of manufacturing exports from developing countries to high-income industrial countries, as well as to other developing countries. Developing economies have also gained significant market share in both major industrial countries and in each other’s markets during this period (Aksoy and Ng 2013a, 2013b).
China, market shares, south-south trade