An important question that has continued to elude trade economists is why trade interventions are biased in favor of import-competing rather than exportable sectors. Indeed, as Philip Levy (1999) points out, under a set of neutrality assumptions, the dominant political-economy model, Grossman...

An important question that has continued to elude trade economists is why trade interventions are biased in favor of import-competing rather than exportable sectors. Indeed, as Philip Levy (1999) points out, under a set of neutrality assumptions, the dominant political-economy model, Grossman...

The electronics sector has played an important role in the development trajectories of several newly industrialized economies. South Asia's lack of competitiveness reflects inadequate provision of public goods (e.g. industrial zones next to world class ports and urban centers) rather than high...

This report examines how Nepal could move away from a remittance-driven growth model by reforming its trade policies to increase competitiveness. It looks at the extent to which Nepal has been tapping into its trade potentials, the underlying obstacles that it faces, and the type of reforms that...

This paper offers a comprehensive analysis of poverty in India. It shows that no matter which of the two official poverty lines is used, poverty has declined steadily in all states and for all social and religious groups. Accelerated growth between fiscal years 2004-2005 and 2009-2010 led to an...

January 2000 - With import-substitution policies discredited, many have argued for interventions on behalf of export interests. But aren't arguments for export subsidies as flawed as arguments for import substitution? Now that import-substitution policies have failed and been discredited, there...