"Developing countries must avoid a race to the bottom to supply cheap goods to the world's richest economies, according to a new report from Unctad, the UN's trade and development arm ... Prior to the Great Recession, exports from developing and transition economies grew rapidly owing to buoyant consumer demand in the developed countries, mainly the United States ... But the expansion of the world economy, though favourable for many developing countries, was built on unsustainable global demand and financing patterns. Thus, reverting to pre-crisis growth strategies cannot be an option." (Quoted from article)