The consequences of liberalization on structural changes are examined using data from manufacturing industry in Nepal which is classified as a least developed country. This is important because doubts that liberalization may not solve the problems of low-income developing countries remain strong...

This paper presents the pattern and determinants of intra-industry trade (IIT) in Australian manufacturing since the late 1970s. The results point to a sharp rise in IIT from the mid 1980s which appears to be linked with an outward-oriented policy. Industry-level analysis indicates that...

It is argued that the civil war which erupted in Nepal in the mid 1990s had its seeds sown five decades ago when the country embarked on the economic development plan which placed a heavy emphasis on an urban-based import-substitution strategy. This strategy failed to benefit 86 per cent of...

Most studies of intra-industry trade (IIT) in manufacturing exclude the processed food sub-sector (standard international trade classification (SITC) subgroups 0-1) from their analysis on the grounds that trade in this category is predominantly determined by the availability of natural resources...

This paper contributes to the literature on global production sharing by investigating the experience of the Australian automotive industry, which has experienced significant structural change following trade liberalisation. Our analysis indicates that the globalisation of the world economy,...

Relatively few studies have empirically examined the link between productivity growth and policy liberalization, and the evidence, though generally supportive of the hypothesis, is somewhat mixed and the levels and changes in growth rates vary substantially across countries. There is clearly...

Foreign direct investment (FDI) has contributed significantly to the transformation of the Malaysian economy, as reflected by the changing composition of its exports and the rising share of FDI in gross fixed capital formation (GFCF). By the late 1990s, Malaysia ranked third after Singapore and...