Prakash, Nisha; Sethi, Madhvi - In: Cogent economics & finance 11 (2023) 2, pp. 1-14
The liberalization of economies is aimed at boosting domestic growth through foreign investment and trade. The … proponents of liberalization argue that opening up markets in developing economies provides access to capital to enhance … production. However, proponents of the pollution haven hypothesis (PHH) argue that liberalization and trade agreements have led …