Timing and Sequencing of Trade Liberalization in Developing Countries

There is surprisingly general agreement, not only among academics and international institutions but also among those responsible for policymaking in developing countries, that it would be desirable to achieve a considerable measure of trade liberalization. A large body of empirical evidence has con...

Full description

Bibliographic Details
Main Author: Martin Wolf
Format: Article
Language:English
Published: World Scientific Publishing 1986-01-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S0116110586000064
_version_ 1827915136769196032
author Martin Wolf
author_facet Martin Wolf
author_sort Martin Wolf
collection DOAJ
description There is surprisingly general agreement, not only among academics and international institutions but also among those responsible for policymaking in developing countries, that it would be desirable to achieve a considerable measure of trade liberalization. A large body of empirical evidence has convinced most of those whose minds are not entirely closed on the subject of the positive relation between trade policy and economic growth. While many questions remain open for debate – for example, whether it is neutrality between the incentive to export and to produce import substitutes or the more stringent requirement of more or less complete liberalization of imports that matters – it is now quite widely agreed that something needs to be done to improve the rationality of the trade regimes of many developing countries…
first_indexed 2024-03-13T02:54:10Z
format Article
id doaj.art-132e73c1a032439ba4c1ead2c90d7a56
institution Directory Open Access Journal
issn 0116-1105
1996-7241
language English
last_indexed 2024-03-13T02:54:10Z
publishDate 1986-01-01
publisher World Scientific Publishing
record_format Article
series Asian Development Review
spelling doaj.art-132e73c1a032439ba4c1ead2c90d7a562023-06-28T06:34:09ZengWorld Scientific PublishingAsian Development Review0116-11051996-72411986-01-01040212410.1142/S0116110586000064Timing and Sequencing of Trade Liberalization in Developing CountriesMartin WolfThere is surprisingly general agreement, not only among academics and international institutions but also among those responsible for policymaking in developing countries, that it would be desirable to achieve a considerable measure of trade liberalization. A large body of empirical evidence has convinced most of those whose minds are not entirely closed on the subject of the positive relation between trade policy and economic growth. While many questions remain open for debate – for example, whether it is neutrality between the incentive to export and to produce import substitutes or the more stringent requirement of more or less complete liberalization of imports that matters – it is now quite widely agreed that something needs to be done to improve the rationality of the trade regimes of many developing countries…https://www.worldscientific.com/doi/10.1142/S0116110586000064
spellingShingle Martin Wolf
Timing and Sequencing of Trade Liberalization in Developing Countries
Asian Development Review
title Timing and Sequencing of Trade Liberalization in Developing Countries
title_full Timing and Sequencing of Trade Liberalization in Developing Countries
title_fullStr Timing and Sequencing of Trade Liberalization in Developing Countries
title_full_unstemmed Timing and Sequencing of Trade Liberalization in Developing Countries
title_short Timing and Sequencing of Trade Liberalization in Developing Countries
title_sort timing and sequencing of trade liberalization in developing countries
url https://www.worldscientific.com/doi/10.1142/S0116110586000064
work_keys_str_mv AT martinwolf timingandsequencingoftradeliberalizationindevelopingcountries