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The paper reviews the evidence of the impact of trade liberalisation on the economic performance of poor developing countries with respect to trade and the balance of payments, economic growth, poverty reduction, the distribution of income within countries, and the distribution of income between...
Persistent link: https://www.econbiz.de/10014158967
A growing body of research suggests that democracy promotes trade liberalization in developing countries. We argue that democracy in developing countries generates a "skill bias" in trade policy where democratic incumbents have incentives to increase tariffs on high skilled goods but reduce...
Persistent link: https://www.econbiz.de/10014163323
Developing countries have been facing substantial adjustment costs in their endeavor in implementing trade reform. To lessen the adjustment costs of trade reform and to diffuse political support for protection a uniform tariff policy has often been recommended. The present paper examines the...
Persistent link: https://www.econbiz.de/10014113880
The use of computable general equilibrium (CGE) simulation models for policy analysis has become widespread. However, such techniques are not well suited to economywide analysis in developing countries. Instead, simulation models relying on "borrowed" parameter estimates have been used for a...
Persistent link: https://www.econbiz.de/10012972974
This paper focuses on three unresolved issues with regard to the impact of trade reform. First, many studies linking trade reform to long run growth are surprisingly fragile. To illustrate the problems with this literature, we examine a popular measure of openness recently introduced by Sachs...
Persistent link: https://www.econbiz.de/10013226555
poverty in developing countries, since three quarters of the world's billion poorest people depend directly or indirectly on …
Persistent link: https://www.econbiz.de/10014024057
Modern policy-oriented analysis of trade issues in developed countries focuses mainly on five sets of questions. This chapter discusses the differences in the levels of protection among industries. The industry and economy wide effects of trade liberalization on economic welfare, trade, output,...
Persistent link: https://www.econbiz.de/10014025009
Trade policies in developing countries have been a focal point of analysis for international economists in the past several decades. A desire for rapid economic growth in developing countries raised many questions about the relationship between trade and growth. This chapter discusses that the...
Persistent link: https://www.econbiz.de/10014025010
Persistent link: https://www.econbiz.de/10014007199
The objective of the paper is to explore and give an overview of two central policy alternatives to improve the integration between the European Union and developing countries by removing barriers to trade: trade preferences and trade facilitation. After reviewing the relevant literatures and...
Persistent link: https://www.econbiz.de/10013091949