This book analyzes the role of trade as a central pillar of the structural reform process and a bridge to capturing the dynamic development forces of an increasingly globalized world economy.

This book analyzes the role of trade as a central pillar of the structural reform process and a bridge to capturing the dynamic development forces of an increasingly globalized world economy.

According to the Washington Consensus, developing countries' growth would benefit from reductions in barriers to trade. However, the empirical basis for judging trade reforms is weak. Econometrics are mostly ad hoc; results are typically not judged against models; policies are poorly measured; and...

According to the Washington Consensus, developing countries’ growth would benefit from reductions in barriers to trade. However, the empirical basis for judging trade reforms is weak. Econometrics are mostly ad hoc; results are typically not judged against models; policies are poorly measured;...