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Has Trade Liberalisation in Poor Countries Delivered the Promises Ecpected?

Author

Listed:
  • Pacheco-López, Penélope
  • Thirlwall, Anthony

    (University of Kent)

Abstract

Este trabajo revisa la evidencia del impacto de la liberalización comercial sobre el desempeño económico de países pobres en desarrollo con respecto a la reducción de la pobreza, la distribución del ingreso dentro y entre los países, el comercio y la balanza de pagos, y el crecimiento económico, y encuentra que la liberalización no ha proporcionado los beneficios esperados. La teoría económica, así como la evidencia histórica y contemporánea, proporcionan argumentos para la protección de las actividades industriales en países en desarrollo. / The paper reviews the evidence of the impact of trade liberalisation on the economic performance of poor developing countries with respect to poverty reduction, the distribution of income within countries, the distribution of income between countries, trade and the balance of payments, and economic growth, and finds that liberalisation has not delivered the benefits expected. Economic theory, and the historical and contemporary evidence, all provide arguments for protection of industrial activities in developing countries.

Suggested Citation

  • Pacheco-López, Penélope & Thirlwall, Anthony, 2009. "Has Trade Liberalisation in Poor Countries Delivered the Promises Ecpected?," Panorama Económico, Escuela Superior de Economía, Instituto Politécnico Nacional, vol. 0(08), pages 7-34, primer se.
    • Handle: RePEc:ipn:panora:v:iv:y:2009:i:08:p:7-34
    as

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    References listed on IDEAS

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    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Caro Emiliano ti scrivo...
      by Alberto Bagnai in Goofynomics on 2012-07-22 22:33:00

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    3. Atif Khan Jadoon & Ambreen Sarwar, 2020. "Is Trade Liberalisation Pro‐Poor in Pakistan? Evidence from Large‐Scale Manufacturing," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 53(3), pages 360-394, September.
    4. Cáceres, Luis René, 2018. "Deindustrialization, labour and violence in El Salvador," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.

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    More about this item

    Keywords

    Liberalización comercial; política comercial; distribución del ingreso; pobreza. / Trade liberalisation; trade policy; income distribution; poverty;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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