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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/10013247646
Persistent link: https://www.econbiz.de/10009354888
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
"In all countries, there are laws and regulations affecting private economic activity. They are necessary to enable private economic activity to thrive, as well as to provide for honesty in information), consumer protection, and much more. Laws and regulations, such as safety standards, quality...
Persistent link: https://www.econbiz.de/10012229899
Almost all participants in free trade agreements (FTAs) exclude at least a few products or sectors from complete tariff removal on the exports of their FTA partners. The positive tariffs that remain within an FTA are often the highest tariffs that the countries apply on an MFN basis. It seems...
Persistent link: https://www.econbiz.de/10011917649
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
This paper provides an alternative analytical view of the mechanism by which interest groups influence trade policy. In contrast to other economic models in which trade policy is essentially "bought" by industrial interests, this model views interest groups and legislators as possibly sharing...
Persistent link: https://www.econbiz.de/10014218219
Interests in the Design and Implementation of U.S. Trade Policies." We begin by reviewing the normative and political economy … of the empirical literature pertinent to the normative and political economy approaches. We then turn to a sketch of the … together with the important constituent interest groups in the U.S. economy. We consider how these can be interpreted in the …
Persistent link: https://www.econbiz.de/10014055296
Persistent link: https://www.econbiz.de/10014071922