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This paper analyzes the role of investment policies in regimes undergoing trade liberalization with policy makers of uncertain credibility. We consider an economy producing exportable and importable goods. The economy is liberalized, and tariffs are eliminated. The public views the reform...
Persistent link: https://www.econbiz.de/10012475420
This paper analyzes the role of investment policies in regimes undergoing trade liberalization with policy makers of uncertain credibility. We consider an economy producing exportable and importable goods. The economy is liberalized, and tariffs are eliminated. The public views the reform...
Persistent link: https://www.econbiz.de/10013229815
, protectionism, and globalization. We find that preferences for open-market trade policies cannot be sufficiently explained by …-suited predictors for the substantial cross-regional variation in the support for globalization. Country specific narratives are …
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slightly. However, sustainable negative effects on the world trading regime are not very likely. …
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