In the course of the 1990s, the Brazilian economy has undergone an unprecedented programme of liberalization. Barriers to trade have been lowered, the scope of industrial policy has narrowed and the state has radically scaled down its role as producer, following the launch of an ambitious...

It has often been suggested that the trade-off between equity and efficiency can be overcome by achieving both goals sequentially. This article shows how the government of President Lula has tried to follow this rule, by first emphasizing economic orthodoxy, to be followed by measures to achieve...

Employing a gravity model, this article examines the impact of the rise of China's textile and clothing (T&C) sector on the exports of its Asian counterparts. It was established that China's textile exports posed a greater competitive threat than its clothing exports to the T&C exports of other...