ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Poor Bear Brunt of Protectionism

agreed to recommend legislation banning new investments and export of computers and computer technology to South Africa and import of Krugerrand gold coins from there. Already 24 towns across US have removed $ 2.5 billion from companies and banks doing business in South Africa. Six states have likewise adopted laws banning investment of pension funds BUSINESS IMMEDIATE action is required on a simultaneous basis to deal not only with the problem of protectionism but also that of structural adjustment, in particular if there is to be any significant progress in expanding the share of the developing countries in world production and trade. This is the main conclusion of the UNCTAD secretariat's study of 'Protectionism and Structural Adjustment' published recently.

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