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 …

This paper investigates the impact of trade openness on economic growth and development for a sample of 85 middle … trade openness has been one of the main drivers of the level of development, but not of economic growth in middle income … countries. Secondly, that trade openness is both a cause and a consequence of the level of development in middle …

The paper empirically examines the differential effects of trade on economic growth and investment based on cross …-country data. In general, the results are largely consistent with the positive impact of trade on economic growth as found in the … literature. However, the empirical results based on different categories of countries show that whereas trade has positively …

The endogenous growth literature has stimulated empirical research into links between trade and growth in general and … in the recipient. We also find that the level of trade is important in facilitating knowledge spillovers from donors to …

Trade promotes economic growth, alleviates poverty and helps countries reach their development goals. However …, developing countries – in particular the least developed – face difficulties in making trade happen and turning trade into … economic growth. The Aid for Trade Initiative – launched at the 2005 World Trade Organisation conference in Hong Kong – aims at …

The paper reviews the evidence of the impact of trade liberalisation on the economic performance of poor developing … countries with respect to trade and the balance of payments, economic growth, poverty reduction, the distribution of income … within countries, and the distribution of income between countries, and finds that trade liberalisation has not delivered the …

The present study examines the relationship between openness (trade-GDP ratio) and growth. Our cross-country and panel … regression analysis of World Bank data for 51 less-developed countries (LDCs) during shows that for only 11 rich and highly trade …-dependent LDCs a higher real growth is associated with a higher trade share. Time series study of individual country experiences …