Free trade, protection and economic development

Jochen Röpke

Intereconomics – Review of European Economic Policy (1966 - 1988), 1981, vol. 16, issue 1, 26-30

Abstract: Central to the following discussion is the assertion that a foreign trade policy which maximizes the static efficiency gains from trade may result in reduced dynamic or X-efficiency and thus impair a developing country’s development potential. The dominant view of the relation between international specialization and economic development is summarized. An alternative line of argument is presented in outline. Finally, the implications for development policy are sketched.

Keywords: Development; Strategy (search for similar items in EconPapers)
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:inteco:139721

DOI: 10.1007/BF02924726

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