Abstract

This paper analyzes the conditions for seven countries located on the West African coast to practically set growth and economic development policies in order to overcome what we call the poverty trap. These countries could seek at the regional and multilateral levels the resources needed to overcome their backwardness. However, we identified that the main policy proposed by these institutions for these countries, which was trade liberalization, not only maintained the condition of being exporters of natural and agricultural resources and were unable to generate sufficient employment and income to overcome their poverty.

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