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Has Trade Liberalisation in Poor Countries Delivered the Promises Expected?

Penélope Pacheco-López and Anthony Thirlwall ()
Authors registered in the RePEc Author Service: Penélope Pacheco López ()

Studies in Economics from School of Economics, University of Kent

Abstract: The paper reviews the evidence of the impact of trade liberalisation on the economic performance of poor developing countries with respect to poverty reduction, the distribution of income within countries, the distribution of income between countries, trade and the balance of payments, and economic growth, and finds that liberalisation has not delivered the benefits expected. Economic theory, and the historical and contemporary evidence, all provide arguments for protection of industrial activities in developing countries.

Keywords: Trade liberalisation; trade policy; income distribution; poverty (search for similar items in EconPapers)
JEL-codes: F10 F13 F43 (search for similar items in EconPapers)
Date: 2009-07
New Economics Papers: this item is included in nep-int and nep-pke
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