How Do Cultural Differences Affect Trade Reciprocity between Developed and Developing Countries?
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...
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| Language: | English |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/535501571670313754/How-Do-Cultural-Differences-Affect-Trade-Reciprocity-between-Developed-and-Developing-Countries http://hdl.handle.net/10986/32606 |
| Summary: | 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. |
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