This paper analyses the impact of the reduction of tariff and non-tariff barriers on the trade balance and the current account of the balance of payments of 22 selected developing countries from Africa, Latin America, East Asia, and South Asia. The study presents estimates of dynamic panel data...

This paper analyses the impact of the reduction of tariff and non-tariff barriers on the imports of selected developing countries, utilising dynamic panel data techniques. Domestic income and relative prices are found to be significant determinants of import growth. Additionally, the results...

This paper examines the process of trade liberalisation in Mexico, particularly since the mid-1980s and the signing of the NAFTA agreement, and its impact on economic performance. The average growth of GDP of the Mexican economy since liberalisation has been only one-half the rate...