THE POLITICAL ECONOMY OF TRADE LIBERALISATION: A Framework and Application to Pakistan

Oliver Morrissey

Pakistan Journal of Applied Economics, 1995, vol. 11, 95-112

Abstract: Trade policy reform, in the form of liberalisation or removal of restrictions on trade, has been a predominant feature of World Bank: Structural Adjustment Programmes (SAPs) undertaken, to various degrees, by some 60 developing countries since 1980. The early Iiterature of SAPs concentrated on the types of economic reforms required, and more recent literature addresses the political and institutional dimensions of economic policy reform. This paper addresses the latter issues and presents a framework for analysing the role of institutional change, encompassing the building of both political consensus and administrative capacity, in implementing trade policy reform, and how this relates to domestic political considerations. Pakistan's current trade liberalisation proposals are discussed to illustrate how the framework can be applied. A number of general conclusions are drawn regarding the design of trade liberalisation programmes so as to accommodate political considerations and enhance institutional capacity.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://aerc.edu.pk/wp-content/uploads/2017/02/6th-Paper-Page-95-112c-1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pje:journl:article1995vi

Access Statistics for this article

More articles in Pakistan Journal of Applied Economics from Applied Economics Research Centre Contact information at EDIRC.
Bibliographic data for series maintained by Samina Khalil ( this e-mail address is bad, please contact ).