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Trade Liberalisation: What's at Stake?

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  • Ian Goldin
  • Dominique van der Mensbrugghe

Abstract

• Trade barriers seriously distort patterns of international trade, allocation of resources, and economic growth. The total economic costs of the barriers are estimated to exceed $475 billion per annum • Partial reform, such as envisaged in the Uruguay Round, would yield benefits of $195 billion per annum, of which over $90 billion would accrue to developing and formerly centrally planned countries • The EC, Japan, and EFTA, stand to gain most from liberalisation • Trade liberalisation will raise rural incomes in developing countries

Suggested Citation

  • Ian Goldin & Dominique van der Mensbrugghe, 1992. "Trade Liberalisation: What's at Stake?," OECD Development Centre Policy Briefs 5, OECD Publishing.
    • Handle: RePEc:oec:devaab:5-en
    DOI: 10.1787/288158367171
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    Cited by:

    1. Antônio Salazar P. Brandão & Will J. Martin, 1993. "Implications of agricultural trade liberalization for the developing countries," Agricultural Economics, International Association of Agricultural Economists, vol. 8(4), pages 313-343, June.
    2. Langhammer, Rolf J., 1993. "Die Handelspolitik der EG nach 1992: Die "Integrationsdividende" in Gefahr," Kiel Discussion Papers 214, Kiel Institute for the World Economy (IfW Kiel).
    3. Langhammer, Rolf J., 1994. "Nach dem Ende der Uruguay-Runde: Das GATT am Ende?," Kiel Discussion Papers 228, Kiel Institute for the World Economy (IfW Kiel).
    4. Hopper, Trevor & Lassou, Philippe & Soobaroyen, Teerooven, 2017. "Globalisation, accounting and developing countries," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 43(C), pages 125-148.
    5. Shaw, D. J. & Singer, H. W., 1996. "A future food aid regime: Implications of final act of the Uruguay round," Food Policy, Elsevier, vol. 21(4-5), pages 447-460.

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