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This essay reviews the historical and ongoing role played by trade in sustained high growth and human development progress, and makes the case that the post-2015 development agenda should include considerations related to trade rules and supply-side capacity. Given the strong links between...
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Central to the following discussion is the assertion that a foreign trade policy which maximizes the static efficiency gains from trade may result in reduced dynamic or X-efficiency and thus impair a developing country’s development potential. The dominant view of the relation between...
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This paper reviews the policy debate on development issues and examines the economic prospects for developing countries at the beginning of the twenty-first century. It is specifically concerned with the question of whether developing countries will be able to meet the employment and poverty...
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