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We review the relationship between trade and poverty in less developed countries, surveying both relevant economic … can lead to poverty reduction, these circumstances do not always obtain. Trade liberalization will only be an effective … instrument of poverty reduction under specific structural conditions. There may be more direct and effective means of attaining …
Persistent link: https://www.econbiz.de/10014054628
This paper investigates if trade can help achieve the United Nations Sustainable Development Goal of poverty … household may be lifted out of or pushed into poverty. The impacts of trade on growth and longer-term consequences of trade … is significant heterogeneity in the poverty impacts of trade, both across households and countries. This highlights the …
Persistent link: https://www.econbiz.de/10011576860
More than 170 years ago, Frédéric Bastiat noted in his masterly work Economic Sophisms that the “opposition to free trade rests upon errors, or, if you prefer, upon half-truths.”1 Ever since Adam Smith successfully replaced mercantilist orthodoxy with free trade doctrine in his celebrated...
Persistent link: https://www.econbiz.de/10012846238
This research argues that the interaction between international trade and female labor force participation has played a significant role in the process of development. The main concern of our study is to show how differences in per household capital stocks, via international specialization,...
Persistent link: https://www.econbiz.de/10012724260
Established in 1995, the World Trade Organization (WTO) was the culmination of half a century of global trade liberalization achieved under the auspices of the General Agreement on Tariffs and Trade (GATT). Subsequent agreements to achieve further liberalization — and to establish rules for...
Persistent link: https://www.econbiz.de/10013231871
This paper develops a framework for studying the effects of higher trade openness on the wage distribution that emphasizes within-industry labor reallocation across firms, strong skill-productivity complementarities in production and heterogenous fixed export costs across firms. Assuming no...
Persistent link: https://www.econbiz.de/10014080809
While the renegotiation of the North American Free Trade Agreement has received far more attention, a lesser-known U.S. trade deal has also been reworked. In April of 2017, President Trump proclaimed his displeasure with the Korea-U.S. Free Trade Agreement (commonly referred to as “KORUS”),...
Persistent link: https://www.econbiz.de/10014102809
Persistent link: https://www.econbiz.de/10012296212
Persistent link: https://www.econbiz.de/10001769178
2004 on global markets, net farm incomes, and national and regional economic welfare and poverty, using the global economy … wide Linkage model, new estimates of agricultural price distortions for developing countries, and poverty elasticity … owners of other factors of production, thereby potentially contributing to inequality and poverty within developing countries …
Persistent link: https://www.econbiz.de/10012246928