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Trade Liberalization and Export Performance in Bolivia

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  • Rhys Jenkins

Abstract

One of the anticipated gains from the trade liberalization policies adopted by many Latin American countries in recent years is improved export performance. In this article, the arguments on which this expectation is based are reviewed and the impact of trade liberalization on Bolivian manufactured exports analysed. The conclusion is that improved export performance is largely the result of a more realistic and more stable real exchange rate after 1985, while the trade policy reforms have had little impact. Certain deficiencies of Bolivia's export performance, such as the increased emphasis on primary and semi‐processed products, and the lack of diversification in terms of both products and markets, are also noted.

Suggested Citation

  • Rhys Jenkins, 1996. "Trade Liberalization and Export Performance in Bolivia," Development and Change, International Institute of Social Studies, vol. 27(4), pages 693-716, October.
    • Handle: RePEc:bla:devchg:v:27:y:1996:i:4:p:693-716
    DOI: 10.1111/j.1467-7660.1996.tb00608.x
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    References listed on IDEAS

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    1. repec:ucp:ecdecc:v:25:y:1976:i:1:p:151-58 is not listed on IDEAS
    2. Rudiger Dornbusch, 1992. "The Case for Trade Liberalization in Developing Countries," Journal of Economic Perspectives, American Economic Association, vol. 6(1), pages 69-85, Winter.
    3. Agosin, Manuel R. & Ffrench-Davis, Ricardo, 1993. "Trade liberalization in Latin America," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    4. Richard M. Auty & Rhys Jenkins, 1995. "Does trade liberalization lead to productivity increases? A case study of Bolivian manufacturing," Journal of International Development, John Wiley & Sons, Ltd., vol. 7(4), pages 577-597, July.
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    Cited by:

    1. Dilip Dutta & Nasiruddin Ahmed, 2004. "Trade liberalization and industrial growth in Pakistan: a cointegration analysis," Applied Economics, Taylor & Francis Journals, vol. 36(13), pages 1421-1429.
    2. Pathairat Pastpipatkul & Petchaluck Boonyakunakorn & Kanyaphon Phetsakda, 2020. "The Impact of Thailand’s Openness on Bilateral Trade between Thailand and Japan: Copula-Based Markov Switching Seemingly Unrelated Regression Model," Economies, MDPI, vol. 8(1), pages 1-13, January.
    3. Ogundipe, Adeyemi & Amaghionyeodiwe, Lloyd, 2013. "Transnational Trade In Ecowas: Does Export Content Matter?," MPRA Paper 51617, University Library of Munich, Germany.
    4. Antonio N. Bojanic, 2012. "The impact of financial development and trade on the economic growth of Bolivia," Journal of Applied Economics, Universidad del CEMA, vol. 15, pages 51-70, May.
    5. Essotanam Mamba & Afi Balaki, 2022. "Effects of trade policies on external trade performances of ECOWAS countries (1996–2017)†," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 30(3), pages 535-566, July.
    6. George A. Vamvoukas, 2007. "Trade Liberalization and Economic Expansion: A Sensitivity Analysis," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 5(1), pages 71-88.
    7. Adel Shakeeb MOHSEN, 2020. "Trade Liberalization and International Trade: A Case Study of China," Journal of Economics and Financial Analysis, Tripal Publishing House, vol. 4(1), pages 1-14.
    8. Mushtaq Klasra, 2011. "Foreign direct investment, trade openness and economic growth in pakistan and turkey: an investigation using bounds test," Quality & Quantity: International Journal of Methodology, Springer, vol. 45(1), pages 223-231, January.
    9. Do Thi Thao & Zhang Jian Hua, 2016. "ARDL Bounds Testing Approach to Cointegration: Relationship International Trade Policy Reform and Foreign Trade in Vietnam," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(8), pages 1-84, August.
    10. Manamba EPAPHRA, 2016. "Determinants of Export Performance in Tanzania," Journal of Economics Library, KSP Journals, vol. 3(3), pages 470-487, September.
    11. Nasiruddin Ahmed, 2003. "Trade liberalization and endogenous growth of manufacturing industries in Bangladesh: an empirical investigation," Applied Economics, Taylor & Francis Journals, vol. 35(3), pages 305-314.
    12. Saleem Khan & Muhammad Azam & Chandra Emirullah, 2016. "Import Demand Income Elasticity and Growth Rate in Pakistan," Foreign Trade Review, , vol. 51(3), pages 201-212, August.
    13. Muhammad Zakaria, 2014. "Effects of Trade Liberalization on Exports, Imports and Trade Balance in Pakistan: A Time Series Analysis," Prague Economic Papers, Prague University of Economics and Business, vol. 2014(1), pages 121-139.
    14. Claudia V. Montanía & Teresa Fernández-Núñez & Miguel A. Márquez, 2021. "The role of the leading exporters in the global soybean trade," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 67(7), pages 277-285.
    15. Adel Shakeeb Mohsen & Soo Y. Chua & Che Normee Che Sab, 2017. "Trade Liberalization, Exports and Imports in Syria," Foreign Trade Review, , vol. 52(2), pages 106-117, May.

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