Trade and Poor Economies

First Published in 1979. Routledge is an imprint of Taylor & Francis, an informa company.

Author: John Toye

Publisher: Routledge

ISBN: 9781135780791

Category: Business & Economics

Page: 166

View: 103

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First Published in 1979. Routledge is an imprint of Taylor & Francis, an informa company.
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Trade Liberalisation and the Poverty of Nations

This is a meticulously researched and well written book on a subject of immense contemporary academic and policy interest.

Author: A. P. Thirlwall

Publisher: Edward Elgar Publishing

ISBN: 9781848444010

Category: Business & Economics

Page: 264

View: 697

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This is a meticulously researched and well written book on a subject of immense contemporary academic and policy interest. Prema-chandra Athukorala, Journal of Development Studies The book is a valuable contribution to the analysis of the links between trade liberalisation, poverty and inequality . . . The book is a coherent piece of work offering an abundance of well-researched and argued information, effectively establishing it as a notable contribution to the investigation and understanding of this very important field. Therefore this book is highly recommended as an important publication for everyone interested in this field as it is a powerful guide to the complex questions that emerge when dealing with the issues of trade liberalisation and poverty elimination at international level. Marios Koutsias, International Trade Law and Regulation Thirlwall and Pacheco-López s book makes its contribution by serving as a clearly written synthesis of a diversity of literatures on trade liberalization and its impacts on growth, inequality and wages, and poverty. . . . the book is an excellent one. It should be a required reading companion to any graduate-level trade course. Kevin P. Gallagher, Journal of Human Development and Capabilities This book breaks out of the standard distinction between free trade and protectionism , and shows how to think constructively about trade policy as an instrument of national economic strategy. It is highly recommended for those who wish to think beyond orthodoxy, and especially for those in developing countries who wish to influence negotiations with developed countries and western-based international organisations. Robert Wade, London School of Economics, UK This is a gem of a book. Based on deep understanding of diverse economic theories and empirical evidence, it offers us a succinct but highly informative overview of the controversies surrounding the impact of trade policy on growth, inequality, and macroeconomics. Ha-Joon Chang, University of Cambridge, UK, and author of Kicking Away the Ladder, and Bad Samaritans Free-trade fundamentalism is gradually making way for a more nuanced and historically well-informed understanding of the role that trade policy plays in economic development. Thirlwall and Pacheco-López provide an excellent review of the relevant literature as well as a sophisticated critique of the earlier, simplistic views. As they explain, it is the details the timing, sequencing, and context that determine whether liberalization will succeed. Dani Rodrik, Harvard University, US This book will infuriate the free trade ultras who believe that liberalisation is the answer to every problem and a good thing too. The real world, as Thirlwall and Pacheco-López show clearly and vividly, is different from the world of theoretical models so beloved by today s economic orthodoxy, and they take delight in tweaking the noses of the Washington consensus. History suggests they are right to argue that managed trade is better for developing countries than swallowing large doses of free-trade medicine. Larry Elliott, The Guardian Orthodox trade and growth theory, and the world s multilateral development institutions, extol the virtues of trade liberalisation and free trade for more rapid economic development of poor countries. However, the contemporary reality and history seem to tell a different story. The world economy has experienced an unprecedented period of trade liberalisation in the last thirty years, and yet international and global inequality is widening; domestic poverty (outside of China) is increasing; poor countries exports have grown more slowly than their imports leading to balance of payments crises, and the so-called globalising economies of the world (excluding China and India) have fared no better, and in some cases worse, than those countries that have not liberalised so extensively. This book argues that orthodox theory is based on many unreal assumptions,
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Trade Liberalisation and Poverty in South Asia

This book is a useful contribution to studies on South Asia, as well as International Trade and Development Economics.

Author: Prema-chandra Athukorala

Publisher: Routledge

ISBN: 9781136697838

Category: Business & Economics

Page: 224

View: 666

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The link between trade liberalisation and poverty has arguably been one of the most debated topics in development policy debate. Existing studies on the subject have primarily used multi-country cross-sectional data, and there is a growing concern about the limitations of this approach in providing a sound empirical basis for informing the policy debate. These limitations point to the need for undertaking in-depth analyses within individual countries over time. In order to examine the connection between trade liberalisation and poverty, this book provides case studies of trade policy reforms and poverty reduction outcomes of seven countries in South Asia - Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. The South Asia region allows for an excellent comparative study given the widespread emphasis on liberalisation reforms in the region over the past two decades, as well as highlighting significant inter-country differences in terms of the timing and comprehensiveness of reforms, and the heavy concentration of world poverty in the region. This book is a useful contribution to studies on South Asia, as well as International Trade and Development Economics.
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Economic and Trade Policies in the Arab World

This book addresses key issues relevant to the contemporary economic realities of the Arab economies; including policy space, generation of more productive and decent employment, social justice and poverty alleviation, regional integration ...

Author: Mahmoud A.T. Elkhafif

Publisher: Routledge

ISBN: 9781136324260

Category: Social Science

Page: 368

View: 656

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The Arab Spring and recent popular uprisings that have taken place in many Arab countries since the end of 2010 highlight the urgent need for economic policy reorientation in these countries. This book addresses key issues relevant to the contemporary economic realities of the Arab economies; including policy space, generation of more productive and decent employment, social justice and poverty alleviation, regional integration and the common destiny of the Arab people, and the failure of the structural adjustment programs recommended by the Bretton Woods institutions and implemented in these countries in the last three decades. The volume explores, and makes recommendations, for deep pan Arab regional integration and alternative pro-poor, growth-oriented economic and trade policies capable of promoting social justice by reducing the incidence of poverty. It highlights the ways in which various types of economic and trade policies have affected the levels of employment and poverty in five Arab countries: Egypt, Jordan, Morocco, the occupied Palestinian territory and Sudan. Using a mixture of qualitative and quantitative methodologies, the book focuses on Arab trade integration, exploring the obstacles to its implementation in the past, as well as its potentials as a source of employment generation and enhancement of living conditions. The book also addresses the construction, interpretation and use of quantitative trade indicators for optimal policy choice at both the domestic and regional levels.
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Developing Agricultural Trade

The issue of how this process is being managed in developing countries is the focus of this book.

Author: M. Hubbard

Publisher: Springer

ISBN: 9781403990211

Category: Business & Economics

Page: 236

View: 202

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Food security is of vital importance to all nations, but particularly so in developing countries. Governments worldwide are seeking to liberalize agricultural trade, and to change their role from one of controlling trade and prices. Instead these governments seek new roles in encouraging market developments, ensuring quality and providing food security by giving income assistance rather than controlling food supplies. The issue of how this process is being managed in developing countries is the focus of this book. A series of case studies including India, Sri Lanka, Ghana, Zimbabwe, Kenya and Ivory Coast highlights the individuality of approaches and the varying capability and will of governments to take on these new roles.
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Agricultural Trade and Poverty Making Policy Analysis Count

This conference proceedings examines how trade liberalisation and rich-country farming practices affect the world's poor.

Author: OECD

Publisher: OECD Publishing

ISBN: 9789264174979

Category:

Page: 332

View: 381

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This conference proceedings examines how trade liberalisation and rich-country farming practices affect the world's poor.
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Trade and Poor Economies

Readers learn about native animals and their habitats, including bears, moose, mountain lions, eagles, and many more.

Author: Sheila Smith

Publisher: Routledge

ISBN: 071463137X

Category: Business & Economics

Page: 166

View: 262

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Readers learn about native animals and their habitats, including bears, moose, mountain lions, eagles, and many more. A more complex text and storyline appears on the left-hand pages for parents to read and children read the right-hand pages with text designed for their reading level.
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Trade Policy and Global Poverty

This book provides a comprehensive analysis of the potential for trade liberalization to spur growth and reduce poverty in developing countries.

Author: William R Cline

Publisher: Columbia University Press

ISBN: 9780881324594

Category: Political Science

Page: 344

View: 511

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The stakes of the poor in trade policy are large: Free trade can help 500 million people escape poverty and inject $200 billion annually into the economies of developing countries, according to author William R. Cline. This book provides a comprehensive analysis of the potential for trade liberalization to spur growth and reduce poverty in developing countries. It quantifies the impact on global poverty of industrial-country liberalization, as well as liberalization by the developing countries. Half or more of the annual gains from trade would come from the removal of industrial-country protection against developing-country exports. By removing their trade barriers, industrial countries could convey economic benefits to developing countries worth about twice the amount of their annual development assistance. By helping developing countries grow through trade, moreover, industrial countries could lower costs to consumers for imports and realize other economic efficiencies. The study estimates that free trade could reduce the number of people earning less than $2 per day by about 500 million over 15 years. This would cut the world poverty level by 25 percent. Cline judges that the developing countries were right to risk collapse of the Doha Round at the Cancun ministerial meeting in September 2003 by insisting on much deeper liberalization of agriculture than the industrial countries were then willing to offer. The study calls for a two-track strategy: first, deep multilateral liberalization involving phased but complete elimination of industrial-county protection and deep reduction of protection by at least the middle-income developing countries, albeit on a more gradual schedule; and second, immediate free entry for imports from "high risk" low-income countries (heavily indebted poor countries, least developed countries, and sub-Saharan Africa), coupled with a 10-year tax holiday for direct investment in these countries.
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Non Tariff Barriers Regionalism and Poverty

This volume is invaluable to anyone who is keen on developing their knowledge on trade policy, regionalism or poverty — three pressing issues in today's globalized world.

Author: L Alan Winters

Publisher: World Scientific

ISBN: 9789814571289

Category: Business & Economics

Page: 420

View: 749

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Non-Tariff Barriers, Regionalism and Poverty is a collection of key articles in three important areas of applied international trade research: measuring non-tariff barriers and their effects, the consequences of regional trading arrangements, especially on the countries excluded from them, and the connection between international trade and poverty. Drawing from 30 years of research and experience, L Alan Winters illustrates the development of techniques of this field and his continued commitment to answering real policy questions at the times at which they are debated. The collection shows the ways in which economic and econometric analysis can be used to answer real-world problems rigorously in the area of international trade and trade policy. Readers will find that some of the research included is of current methodological relevance and some of more historical significance. This volume is invaluable to anyone who is keen on developing their knowledge on trade policy, regionalism or poverty — three pressing issues in today's globalized world. Contents:IntroductionNon-Tariff Barriers:The Extent of Nontariff Barriers to Industrial Countries' Imports (with JJ Nogués and A Olechowski)Do Exporters Gain from VERs? (with J de Melo)Labour Adjustment Costs and British Footwear Protection (with WE Takacs)Voluntary Export Restraints and Rationing: U.K. Leather Footwear Imports from Eastern Europe (with PA Brenton)VERs and Expectations: Extensions and EvidenceDigging for Victory: Agricultural Policy and National SecurityRegionalism:Separability and the Specification of Foreign Trade FunctionsBritish Imports of Manufactures and the Common MarketRegionalism and the Rest of the World: The Irrelevance of the Kemp-Wan TheoremHow Regional Blocs Affect Excluded Countries: The Price Effects of MERCOSUR (with W Chang)Trade and Economic Geography: The Impact of EEC Accession on the UK (with HG Overman)Trade and Poverty:Trade Liberalisation and Poverty: What are the Links?Trade Liberalization and Poverty: The Evidence So Far (with N McCulloch and A McKay)Trade Liberalisation and Economic Performance: An OverviewTrade Liberalisation and Poverty Dynamics in Vietnam (with Y Niimi and P Vasudeva Dutta)Agricultural Trade Liberalization and Poverty Dynamics in Three Developing Countries (with J Litchfield and N McCulloch)Why Isn't the Doha Development Agenda More Poverty Friendly? (with TW Hertel, R Keeney, and M Ivanic)Trade as an Engine of Creative Destruction: Mexican Experience with Chinese Competition (with L Iacovone and F Rauch) Readership: Undergraduates, research students and professionals interested in macroeconomics; international trade practitioners. Key Features:Shows the ways in which economic and econometric analysis can be used to answer real-world problems rigorously in the area of international trade and trade policyThe broad collection of applied work on trade illustrates problems and analyses that others may find a useful base for their own workKeywords:International Trade;Poverty;Regional Trading Arrangements (RTAs);Trade Barriers;Non-Tariff Barriers
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International Trade and Economic Growth in Open Economies

"This work will be of great interest to both historians of economic ideas and economists concerned with modelling the interactions between growth and international trade."--BOOK JACKET.

Author: John Berdell

Publisher: Edward Elgar Publishing

ISBN: 1843765616

Category: Business & Economics

Page: 186

View: 950

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"This work will be of great interest to both historians of economic ideas and economists concerned with modelling the interactions between growth and international trade."--BOOK JACKET.
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Globalization and the Least Developed Countries

This book evaluates the policies of least developed countries (LDCs) and the decisions that they now face against the backdrop of the changes in the structure of the global economy and in the globalization process itself.

Author: David Bigman

Publisher: CABI

ISBN: 9781845933081

Category: Social Science

Page: 318

View: 846

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This book evaluates the policies of least developed countries (LDCs) and the decisions that they now face against the backdrop of the changes in the structure of the global economy and in the globalization process itself. It analyses possible scenarios and alternative trade and growth policies that are likely to affect the LDCs and their poor population, in order to draw lessons for future policies. The book has 6 chapters and a subject index.
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Trade Growth and Poverty Reduction

Why have the least developed countries failed to grow as fast as other economies during the recent period of globalisation?

Author: T. N. Srinivasan

Publisher: Commonwealth Secretariat

ISBN: 0850928966

Category: Social Science

Page: 152

View: 335

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Why have the least developed countries failed to grow as fast as other economies during the recent period of globalisation? This title explores the broad links between growth in income, globalisation, and poverty reduction. It argues that domestic and international policies have failed to serve the interests of the poorest countries.
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Trade Liberalization and Poverty

Openness to trade is a key element of economic policy; continuing extreme poverty in developing countries is a disgrace. This Handbook examines how concerns about the world's poor should affect our attitude towards trade liberalization.

Author: Neil McCulloch

Publisher: Centre for Economic Policy Research

ISBN: 1898128626

Category: Business & Economics

Page: 405

View: 188

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Openness to trade is a key element of economic policy; continuing extreme poverty in developing countries is a disgrace. This Handbook examines how concerns about the world's poor should affect our attitude towards trade liberalization. Part I draws on economic analysis and practical experience to construct a framework to analyse the links between trade liberalization and poverty. It shows policy-makers how to identify the critical features in their economies so they can ensure that the poor benefit from liberalization. Part II explores the reform of particular sectors -- agriculture, services, etc., and particular instruments of trade policy -- export subsidies, anti-dumping measures, etc. It presents an economic analysis of each type of reform, shows the likely outcome for the poor, and discusses the issue's status on the World Trade Organization's agenda. Book jacket.
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Trade Growth and Poverty

The evidence from individual cases and from cross-country analysis supports the view that globalization leads to faster growth and poverty reduction in poor countries.

Author: David Dollar

Publisher: World Bank Publications

ISBN:

Category: Developing countries

Page: 45

View: 757

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The evidence from individual cases and from cross-country analysis supports the view that globalization leads to faster growth and poverty reduction in poor countries.
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Globalization Poverty and Inequality Since 1980

The share of people in developing economies living on less than dollar 1 a day has been cut in half since 1981, though the decline in the share living on less than dollar 2 per day was much less dramatic.

Author: David Dollar

Publisher: World Bank Publications

ISBN:

Category: Economic development

Page: 46

View: 116

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Trade and Poor Economies

Therefore, general recommendations that poor economies should specialise in labour-intensive exports are simple-minded or mischievous. Further, when trade ...

Author: John Toye

Publisher: Routledge

ISBN: 9781135780807

Category: Social Science

Page: 166

View: 759

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First Published in 1979. Routledge is an imprint of Taylor & Francis, an informa company.
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International Trade Wage Inequality and the Developing Economy

This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy.

Author: Sugata Marjit

Publisher: Springer Science & Business Media

ISBN: 9783642574221

Category: Business & Economics

Page: 176

View: 616

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This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy. This is the first theoretical monograph on this particular issue which has already generated substantial debate and voluminous work for the developed countries. A unique feature of this work is that it tries to explain the possibility of rising inequality across trading nations and looks at the segmented labour markets of the poor economies. It makes convincing arguments that the standard general equilibrium models, the main workhorse of trade theory, can be given a creative facelift to address a number of critical and emerging issues in the area of trade and development.
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Intellectual Property and Free Trade Agreements in the Asia Pacific Region

This book is highly topical.

Author: Christoph Antons

Publisher: Springer

ISBN: 9783642308888

Category: Law

Page: 438

View: 501

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This book is highly topical. The shift from the multilateral WTO negotiations to bilateral and regional Free Trade Agreements has been going on for some time, but it is bound to accelerate after the WTO Doha round of negotiations is now widely regarded as a failure. However, there is a particular regional angle to this topic as well. After concluding that further progress in the Doha round was unlikely, Pacific Rim nations recently have progressed with the negotiations of a greatly expanded Trans-Pacific Partnership Agreement that includes industrialised economies and developed countries such as the United States, Japan, Australia and New Zealand, recently emerged economies such as Singapore, but also several developing countries in Asia and Latin America such as Malaysia and Vietnam. US and EU led efforts to conclude FTAs with Asia-Pacific nations are also bound to accelerate again, after a temporary slowdown in the negotiations following the change of government in the United States and the expiry of the US President’s fast-track negotiation authority. The book will provide an assessment of these dynamics in the world’s fastest growing region. It will look at the IP chapters from a legal perspective, but also put the developments into a socio-economic and political context. Many agreements in fact are concluded because of this context rather than for purely economic reasons or to achieve progress in fields like IP law. The structure of the book follows an outline that groups countries into interest alliances according to their respective IP priorities. This ranges from the driving forces of the EU, US and Japan, via Asia-Pacific resource-rich but IP poor economies such as Australia and New Zealand, recently emerged economies with strong IP systems such as Singapore and Korea to leading developing countries such as China and India and ‘second tier industrializing economies’ such as Thailand, Malaysia and Indonesia.
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Pro poor Growth and Liberalization in Developing Economies

By looking at the link between trade liberalization and pro-poor growth in Nepal, this book explores how a developing and transition economy can attain higher and pro-poor growth along with the ongoing trend of globalization.

Author: Sanjaya Acharya

Publisher: Routledge

ISBN: 9781136671647

Category: Business & Economics

Page: 240

View: 931

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By looking at the link between trade liberalization and pro-poor growth in Nepal, this book explores how a developing and transition economy can attain higher and pro-poor growth along with the ongoing trend of globalization. The author develops a social accounting database for Nepal and applies it to quantify computable general equilibrium (CGE) model to investigate the trade-offs between growth and distribution that are associated with opening up the economy and deregulating it. The book presents a number of pragmatic scenarios that bring about the desired pro-poor growth effects in order to demonstrate possible outcomes for policy making. The research findings apply to other economies with similar macroeconomic structure to Nepal; those small economies with a dominant, traditional, and stagnant agriculture; fragile industrial base, weak and volatile external sector, and almost half of the population living below the poverty line. This book will be of considerable interest to students and scholars in the areas of development economics, political economy of policy reforms, and trade and poverty with special emphasis on South Asia.
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