Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/50595
Authors: 
Pacheco-López, Penélope
Thirlwall, A. P.
Year of Publication: 
2009
Series/Report no.: 
School of Economics discussion papers 09,11
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.
Subjects: 
trade liberalisation
trade policy
income distribution
poverty
JEL: 
F10
F13
F43
F46
Document Type: 
Working Paper

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