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External Liberalization, Economic Performance, and Distribution in Latin America and Elsewhere

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  • Taylor, L.

Abstract

As seen from the year 2001, economic policy in developing and post-socialist economies during the preceding 10-15 years had one dominating theme - external "liberalization" or the drastic lowering or removal of long-standing barriers to almost all international transactions in markets for goods and services and movements of capital. This paper discusses this fundamental economic policy shift in nine transition and developing countries in Latin America and elsewhere, drawing upon country studies from research projects sponsored by the United Nations.

Suggested Citation

  • Taylor, L., 2000. "External Liberalization, Economic Performance, and Distribution in Latin America and Elsewhere," Research Paper 215, World Institute for Development Economics Research.
    • Handle: RePEc:fth:wodeec:215
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    Cited by:

    1. Paus, Eva A., 2004. "Productivity Growth in Latin America: The Limits of Neoliberal Reforms," World Development, Elsevier, vol. 32(3), pages 427-445, March.
    2. Dragoljub Stojanov, 2004. "Hungary and Bosnia and Herzegovina - a success and a failure of transition," IWE Working Papers 149, Institute for World Economics - Centre for Economic and Regional Studies.
    3. Servaas Storm, 2005. "Forum 2005," Development and Change, International Institute of Social Studies, vol. 36(6), pages 1239-1261, November.
    4. Attar, M. Aykut, 2021. "Growth, distribution and dynamic inefficiency in Turkey: An analysis of the naïve neoclassical theory of capital," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 20-30.
    5. Giovanni Andrea Cornia, 2005. "Policy Reform and Income Distribution," Working Papers 3, United Nations, Department of Economics and Social Affairs.
    6. Tulus Suryanto & Darul Dimasqy & Reza Ronaldo & Mahjus Ekananda & Teuku Heru Dinata & Indra Tumbelaka, 2020. "The Influence of Liberalization on Innovation, Performance, and Competition Level of Insurance Industry in Indonesia," Sustainability, MDPI, vol. 12(24), pages 1-25, December.
    7. Lance Taylor, 2000. "The Consequences of Capital Liberalization," Challenge, Taylor & Francis Journals, vol. 43(6), pages 38-57, November.
    8. Nachane, Dilip M., 2010. "Liberalization, globalization and the dynamics of democracy in India," LSE Research Online Documents on Economics 38356, London School of Economics and Political Science, LSE Library.

    More about this item

    Keywords

    ECONOMIC POLICY ; ECONOMIC GROWTH ; INCOME;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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