This paper discusses the issue whether developing countries forego chances in world manufactured markets by protecting intermediate services against market entry of new suppliers. By scanning the empirical literature on effective rates of protection (ERP), the evidence is supportive. Yet, it...

The past few years of have reinvigorated interest in the manufacturing and service sectors of developing economies. Several developing economies have had a manufacturing-led growth, especially displayed in the case of the South-East Asian countries ( the ‘Tigers’), while other economies, led...