there is a steady low share of manufacturing in GDP in Middle east and africa.
And only in trade related to the manufactruing sector as in the table below
these regions trade little within and a lot without. Notice how rents,
conditions similar to primitive accumulation (wars included) and a commercial
cricuit of capital preempt industrilaisation cum developmpment a la Verdoon's
law.
this distinction between a commercial (MCM') and an industriasl circuit of
cpaital (CMC') is key to undestanding how modes of life form around production
processes specific to history and geography.
Table: Manufacturing imports and exports by region for 1999
Imports Exports
Own region All other regions Own region All other regions
Africa 2.03% 97.97% 5.39% 94.61%
Americas 18.80% 81.17% 23.88% 76.08%
Asia & Oceania 28.91% 71.09% 22.74% 77.26%
Europe 44.33% 55.67% 46.27% 53.73%
Middle East 3.77% 96.23% 4.26% 95.74%
Source: Nicita A. and M. Olarreaga (2006), Trade, Production and Protection
1976-2004, World Bank Economic Review 21(1).
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