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My topic is the question: what difference does the set of commercial policies chosen by a developing country make to its rate of economic growth? Three points are salient. First, in its present state, trade theory provides little guidance as to the role of trade policy and trade strategy in...
Persistent link: https://www.econbiz.de/10012478674
Ideas with regard to trade policy and economic development have changed radically since the 1950s. Then and now, it was recognized that trade policy was central to the overall design of policies for economic development. But in the early days, there was a broad consensus that trade policy for...
Persistent link: https://www.econbiz.de/10012472932
In this paper, the evolution of thought regarding protectionist trade policies in developed and in developing countries is examined and contrasted. In the developing countries distrust of markets and a belief in the infant industry argument led to highly protectionist trade regimes. The...
Persistent link: https://www.econbiz.de/10012475478
dangers of this trend for the world economy and especially for East Asian countries. The authors look at the current global … this trade; and direct foreign investment. The contributors round out the work with discussions of the political economy of … protection in Korea and Taiwan and political economy considerations as they affect trade policy in general. This is the second …
Persistent link: https://www.econbiz.de/10014488243
dangers of this trend for the world economy and especially for East Asian countries.The authors look at the curr …
Persistent link: https://www.econbiz.de/10012675828