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differ across countries and issue areas. Case studies of export subsidization in Korea, Brazil, Turkey, India, Kenya, and …
Persistent link: https://www.econbiz.de/10013222055
This paper reviews recent theory and evidence on trade and industrial policy reform in developing countries. First, the …
Persistent link: https://www.econbiz.de/10013217938
Much more than comparative advantage and free markets have been at play in shaping China's export success. Government … have developed in their absence. As a result, China has ended up with an export basket that is significantly more …
Persistent link: https://www.econbiz.de/10012761774
When local cost discovery generates knowledge spillovers, specialization patterns become partly indeterminate and the mix of goods that a country produces may have important implications for economic growth. We demonstrate this proposition formally and adduce some empirical support for it. We...
Persistent link: https://www.econbiz.de/10013219717
The export booms in South Korea and Taiwan starting in the early 1960s are anomalous when compared with later export … than its instigator. In economies like South Korea and Taiwan, an increase in investment required an increase in imports of … exports and imports. Moreover, this could happen with a relatively small change in the relative price of exportables …
Persistent link: https://www.econbiz.de/10013217208
Despite the well-known gains from trade, trade liberalization is politically one of the most contentious actions that a … explanations for why that is the case; many individuals will simply not know how they will fare under trade reform, and this can …
Persistent link: https://www.econbiz.de/10013224337
This study focuses on the role of trade and trade policy in achieving sustained long-term growth in Africa. One major … conclusion is that trade policy in Sub-Saharan Africa works much the same way that it does elsewhere. High levels of trade … improved trade performance in the region. There is little ground for pessimism in this respect, or for concern that Africa …
Persistent link: https://www.econbiz.de/10013224680
diverse interpretations. In many cases, the indicators of openness' used by researchers are poor measures of trade barriers or …Do countries with lower policy-induced barriers to international trade grow faster, once other relevant country … link between trade policy and growth have serious shortcomings. Papers that we review include Dollar (1992), Ben …
Persistent link: https://www.econbiz.de/10013229058
Poor countries must specialize in standardized. labor-intensive commodities. Middle income countries may have a richer menu of options available to them if their labor force is reasonably well-educated and skilled. This paper is motivated by the possibility that there may exist multiple...
Persistent link: https://www.econbiz.de/10013138621
The question addressed in this paper is whether the gap in performance between the developed and developing worlds can continue, and in particular, whether developing nations can sustain the rapid growth they have experienced of late. The good news is that growth in the developing world should...
Persistent link: https://www.econbiz.de/10013120308