Trade Reform, Adjustment And Growth: What Does The Evidence Tell Us?  

Oleh:

Greenaway, David ; Morgan, Wyn ; Wright, Peter

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 108 no. 450 (Sep. 1998), page 1547-1561.
Fulltext: 1547.pdf (194.45KB)

Isi artikel

The contrast between the growth performance of East Asia at one extreme and sub-Saharan Africa at the other is a striking one. Much has been written about the contrast, especially in relation to the former. The reason for the interest is obvious: if there are elements of the East Asian experience which can be reproduced elsewhere then let us identify and replicate. One such common factor which a number of analysts believe they have identi®ed is openness to international trade. More speci®cally, the growth of exports and the growth of GDP appear to be highly correlated (even if causality is sometimes in doubt) and on average, through time, countries with a more open trade orientation appear to do better.

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