Experiences of Trade Liberalization in Developing Countries

Aleksander Nikolayevich Zelenuk, Leonid Vladimirovich Sabelnikov and Aleksander Ivanovich Belchuk
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Aleksander Nikolayevich Zelenuk: Moscow State Institute of International Relations (University), Moscow, Russia
Leonid Vladimirovich Sabelnikov: Russian Market Research Institute (VNIKI), Moscow, Russia
Aleksander Ivanovich Belchuk: Russian Foreign Trade Academy, Moscow, Russia

Russian Foreign Economic Journal, 2021, issue 2, 50-56

Abstract: In the article, the authors consider the positive impact of trade liberalization on economic growth. They emphasize that despite the positive aspect of such influence, some negative effects can be observed in some countries. The empirical evidence from 8 developing countries, for which statistics were collected, supports the theoretical analysis. Despite the achieved economic growth, it is relatively more difficult to improve living standards. This is due to the specific features of economic development in the studied countries.

Keywords: Foreign trade liberalization; economic development; trade policy; import; export; developing countries. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2021_02_50-56

DOI: 10.24411/2072-8042-2021-2-50-56

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