Does trade opennes increase vulnerability? A survey of the literature

This work focuses on the welfare costs of exposure to shocks and uncertainty linked to trade opennes - a prominent issue in the international debate. It contributes by presenting a comprehensive review of the literature on the "destabilizing effects" of trade openness, drawing together studies in different fields. It provides a conceptualization of vulnerability and three promising lines of reasoning for future research on the link between trade and vulnerability.

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Year of publication:	2010-09
Authors:	Montalbano, Pierluigi
Institutions:	Department of Economics, School of Business, Management and Economics
Subject:	vulnerability \| trade openness \| volatility \| crisis transmission \| developing countries

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Extent:	application/pdf
Series:	Working Paper Series.
Type of publication:	Book / Working Paper
Classification:	F40 - Macroeconomic Aspects of International Trade and Finance. General ; I32 - Measurement and Analysis of Poverty ; C82 - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data ; E17 - Forecasting and Simulation ; D60 - Welfare Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009205045