This study investigates the impact of tax revenue on economic growth in the context of increasing trade openness in … general. Furthermore, we find that trade openness increases the positive relationship between tax revenue and economic growth … but excessive trade openness reduces such a relationship. Our findings provide important implications for developing …

Promotion of foreign direct investment (FDI) and trade liberalization on both global and regional levels has been … considered to be beneficial for the economic development of developing countries. Current WTO rules support regional trade … liberalization and prohibit certain trade-related investment measures by national governments, even though these are important policy …

taxation and public spending; (v) strengthen formal democratic institutions; and (vi) invest in improving non-economic drivers …

industrialization and faster economic growth. Eventually, the society matures when political and economic institutions are well … by privatizations in production and trade. Accordingly, international trade barriers are reduced as a country moves …'s imports. There is a literature on positive effects of trade liberalization and economic growth. Not unsurprisingly, the …

According to the Washington Consensus, developing countries’ growth would benefit from reductions in barriers to trade …. However, the empirical basis for judging trade reforms is weak. Econometrics are mostly ad hoc; results are typically not …

today. The growing gaps and disagreements between developed and developing countries on the issues of trade and development …, currently represented by the World Trade Organization, will depend on bridging these gaps between developed and developing … countries and balancing and protecting the development interests of developing countries. However, the current trade rules …