Free trade and prosperity : how openness helps developing countries grow richer and combat poverty

xiv, 362 Seiten

Illustrationen

Includes bibliographical references and index

Cover -- Endorsement -- Free Trade and Prosperity -- Copyright -- Dedication -- Contents -- Background and Acknowledgments -- Preface -- 1. Setting the Stage -- Part I -- 2. The Positive Case for Trade Openness -- 3. The Mirage of Infant Industry Protection -- 4. Other Common Arguments for Protection -- Part II -- 5. Trade Openness, Growth, and Poverty: Exposing the Critics' Specious Arguments -- 6. Trade Openness and Growth: The Empirical Evidence -- 7. Trade Openness and Poverty: The Empirical Evidence -- 8. Trade Openness and Inequality -- Part III -- 9. The Uncontroversial Cases of Hong Kong and Singapore -- 10. Taiwan: An Early Triumph of Outward Orientation -- 11. South Korea: From Basket Case to Upper Middle Income -- Part IV -- 12. India: From Near Autarky to Near Free Trade -- 13. China: From Isolation to Global Dominance -- 14. Other Success Stories in Asia, Africa, and Latin America -- 15. In Conclusion -- Appendix 1: Comparative Advantage and the Gains from Trade Under Scale Economies -- Appendix 2: There Is No Logical Case for Infant Industry Protection -- Appendix 3: Measuring Inequality: The Gini Coefficient -- References -- Index.

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