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Trade Policies and Economic Performance of Developing Countries in the 1980s

In: Development Perspectives for the 1990s

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  • S. M. Shafaeddin

Abstract

It has been argued that developing countries should liberalise their trade regimes in order to expand production and exports of manufactured goods and consequently enhance their economic development.2 While there is no general agreement on the details of trade liberalisation measures, their main elements can be identified as: the removal or conversion to tariffs of import quotas, import licensing and other quantitative restrictions; the reduction of the level and the variability of import tariffs rates and compensatory devaluation of the local currency.

Suggested Citation

  • S. M. Shafaeddin, 1991. "Trade Policies and Economic Performance of Developing Countries in the 1980s," Palgrave Macmillan Books, in: Renee Prendergast & H. W. Singer (ed.), Development Perspectives for the 1990s, chapter 5, pages 77-102, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-21630-7_5
    DOI: 10.1007/978-1-349-21630-7_5
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