The multilateral trading system has delivered successive rounds of trade liberalisation and established mechanisms to protect the interests of trading nations. The result has been growth for those nations that have recognised the importance of openness and established a domestic policy framework...

This paper empirically investigates the impact of trade policy on export expansion and on GDP growth in developing countries while controlling for the human capital stock and the initial level of development. By using a simultaneous system estimation we unite the approach found in the export...

An earlier paper in this journal [Chichilnisky (1981)] formulated a model of North-South trade where the South exports a Labor intensive commodity in exchange for industrial goods. The paper studied moves to new equilibria with higher levels of exports of the South and of industrial demand in...