Międzynarodowa pułapka biedy w najbiedniejszych krajach świata
The international poverty trap in the least developed countries

Summary/Abstract: The paper concerns the so called international poverty trap of the group of the least developed Countries, exporting non – oil commodities. In the first part the theoretical aspects of the trap are discussed. One of possible models of the trap is analysed, based on the severe deterioration of the terms of trade of a given country, which entails the big, unsustainable external debt. In the second part the mechanism of the trap of non-oil commodity exporting LDC is analysed, due to severe deterioration of their terms of trade in the 1980-th.

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