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PROBLEMS WITH
DEVELPOING COUNTRY
By Harsh Kumar
BARRIERS TO TRADE WITHIN THE REGIONAL BLOCKS
โ€ข The primary barrier to trade with its regional partners is
the poor physical infrastructure development in terms of
quality, maintenance and connectivity within the
organization.
โ€ข For example Uganda lacks railway connection to
rwanda, sudan which increased trade transaction and
depressed trade opportunities within regions.
โ€ข Persistent interference with ground
transportation,especially truck
transportation,characterised by arduous customs and
roadblocks checks.
โ€ข Disadjustment in the respective partner migration
policies toward skilled labor to facilitate the flow of labor
and to address persistent skills shortages in specific
fields.
Highly dependence on Advanced
Nations
โ€ข Majority of exports go to advanced
nations and imports come from these
advanced nations
Unstable export markets
โ€ข Exports are based on primary products like
agricultural products , raw materials and fuels.
โ€ข During poor harvest or decrease in demands
for nation's specialised product,significantly
reduces revenues from export.
โ€ข Disrupt domestic income and damage
employment levels.
Landlocked countries in trade
โ€ข Dependence on neighboursโ€™
infrastructure
โ€ข Dependence on sound cross-border
political relations
โ€ข Dependence on neighboursโ€™ peace and
stability and
โ€ข Dependence on neighboursโ€™
administrative practices.
LIMITED MARKET ACCESS
โ€ข Protectionism and trade barriers imposed
by advanced nations has been hindrance
to nation's market access.
โ€ข Global protectionism in agricultural.
โ€ข The unwanted surplus that resulted from
government subsidies are dumped into
world market at lower price , which in turn
decreases prices for agricultural
commodities in market and reduce export
revenues significantly for developing
countries.
THANK YOU

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Problems with develpoing country

  • 2. BARRIERS TO TRADE WITHIN THE REGIONAL BLOCKS โ€ข The primary barrier to trade with its regional partners is the poor physical infrastructure development in terms of quality, maintenance and connectivity within the organization. โ€ข For example Uganda lacks railway connection to rwanda, sudan which increased trade transaction and depressed trade opportunities within regions. โ€ข Persistent interference with ground transportation,especially truck transportation,characterised by arduous customs and roadblocks checks. โ€ข Disadjustment in the respective partner migration policies toward skilled labor to facilitate the flow of labor and to address persistent skills shortages in specific fields.
  • 3. Highly dependence on Advanced Nations โ€ข Majority of exports go to advanced nations and imports come from these advanced nations
  • 4. Unstable export markets โ€ข Exports are based on primary products like agricultural products , raw materials and fuels. โ€ข During poor harvest or decrease in demands for nation's specialised product,significantly reduces revenues from export. โ€ข Disrupt domestic income and damage employment levels.
  • 5. Landlocked countries in trade โ€ข Dependence on neighboursโ€™ infrastructure โ€ข Dependence on sound cross-border political relations โ€ข Dependence on neighboursโ€™ peace and stability and โ€ข Dependence on neighboursโ€™ administrative practices.
  • 6. LIMITED MARKET ACCESS โ€ข Protectionism and trade barriers imposed by advanced nations has been hindrance to nation's market access. โ€ข Global protectionism in agricultural. โ€ข The unwanted surplus that resulted from government subsidies are dumped into world market at lower price , which in turn decreases prices for agricultural commodities in market and reduce export revenues significantly for developing countries.