
UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT
For the foreseeable future, the United States is projected to remain the largest economy in the world (in monetary terms) and developments there and in Europe will continue to have knock-on effects on developing regions (United Nations Development Programme, 2013). In addition to the overspill effects of the problems facing advanced economies, other indicators, such as export flows of the United States, are also pointing to a continued global interconnectedness.