Trade Liberalisation and Economic Growth, an Emperical Analysis

Helder Eduardo Pinto Afonso
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Helder Eduardo Pinto Afonso: Institute of Governance, Humanities and Social Science, the Pan African University

International Journal of Research and Innovation in Social Science, 2021, vol. 5, issue 3, 95-101

Abstract: The issues in the achievement of an economic performance are underpinned by the success of different actions that are employed by the nations and its regional groups. In line with this goal, different economic schemes are applied to address the needs of growth performance. Therefore, it is important to understand the different challenges that can affect economic performance of a country and the issues of trade liberalization. This research examines the influence of openness to trade and growth performance. Thus, in this scenario the paper looked at different papers that analyses countries trading policies and the various strategies under liberalisation plan and its effect on economic growth. The empirical findings from various studies indicated that trade openness canaffect negatively economic growth, although, it showed that having a strong manufactural sector and industry, may create a positive impact on growth.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:5:y:2021:i:3:p:95-101

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