Controversy Trade Liberalisation And Growth  

Oleh:

Dixon, Huw

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 108 no. 450 (Sep. 1998), page 1511-1512.
Fulltext: 1511.pdf (51.16KB)

Isi artikel

One of the most striking features of the economic environment of the past two decades has been the extent of trade liberalisation in developing countries. Around 100 countries in all parts of the globe have undertaken unilateral trade reforms of one form or another. Some of these have been voluntary, most have been promoted by the two key multilateral lending agencies, the World Bank and IMF. Both have lending programmes where loan advances are conditional on policy reform and trade policy is a favoured target. The reason for the emphasis on reform of trade policy is quite simple: a belief that liberalisation is conductive to growth. But is it?

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