Effect of Trade Liberalization on Poverty, Income Inequality and the Ethiopian Economy
| Author | : Solomon Tsehay Feleke |
| Publisher | : |
| Total Pages | : 182 |
| Release | : 2016 |
| Genre | : |
| ISBN | : 9783823617112 |
Effect Of Trade Liberalization On Poverty Income Inequality And The Ethiopian Economy
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Growth, Poverty and Inequality Effects of Trade Reforms in Ethiopia
| Author | : Seid Yimer |
| Publisher | : LAP Lambert Academic Publishing |
| Total Pages | : 116 |
| Release | : 2012-07 |
| Genre | : |
| ISBN | : 9783659165818 |
A sizable amount of research has been devoted to examine the short-term impacts of free trade on developing countries. Most of these studies, however, used partial equilibrium analysis and empirical results even become more complicated when openness is a measure of trade liberalization. To consider the interdependencies of various markets, static Computable General Equilibrium (CGE) model is widely used in most of the previous studies. But, the application of dynamic CGE is very scarce in African countries and the long -term consequences of trade policy reforms receive less attention. This study addresses two pertinent research gaps in the literature- focuses on the dynamic CGE to consider the dynamic effects of capital accumulation on poverty and income distribution in the medium run and captures the multiplier effects on the different sectors and income groups. In particular, this line of research is relevant for developing world given that less restrictive tariff and non-tariff barriers since early 1990's and more than 25% of the population is below the poverty line in 2005. The study offers quantitative evidence of the trade-growth-poverty linkage in Ethiopia.
The Effect of Financial Liberalization on Economic Development in Ethiopia
| Author | : Omer Mohammed |
| Publisher | : GRIN Verlag |
| Total Pages | : 177 |
| Release | : 2017-10-11 |
| Genre | : Business & Economics |
| ISBN | : 3668546789 |
Master's Thesis from the year 2016 in the subject Economics - Finance, grade: 2, Addis Ababa University (College of Bussiness and Economics), course: Accounting and Finance, language: English, abstract: This study aims to empirically examine the impact of financial liberalization on economic development in Ethiopia over the period of 1984-2014. In doing so, the ARDL approach to Co-integration and Error Correction Model were employed to investigate the long run and short run relationships. Accordingly, the empirical results obtained from the study indicate that financial widening has contributed significantly to the increase in saving and the level of economic growth. Even though, the total deposit happens to generate more investment; there is shortage of supply of credit. In addition, the study indicates financial widening and credit to the private sector exhibited a significant positive association with financial development while total banks credit bearing a significant impact on industrial development. However, the overall financial reform showed insignificant association both with economic growth and industrial development. The efficiency in allocating financial resources show significant positive association with share of banks credit to the private sector, however, the overall financial reform has positive insignificant impact on efficiency of resource allocation. The contribution of financial sector after the deregulation has a mixed result on welfare. In terms of catalyzing employment opportunity, financial widening and the overall liberalization policy measure have played a positive role while the financial development has no significant impact on employment creation. Financial widening has significant positive impact on poverty alleviation while the overall policy measure has insignificant impact on the impoverished. Consequently, the result of the study indicate the overall financial liberalization measure actually decrease the likelihood of financial instability and indicates the direction of causality going from economic growth to financial development proving the demand leading hypothesis, which in turn portrays the heavy involvement of government in the financial sector.
Trade Liberalization and Poverty
| Author | : Samson Dejene Aredo |
| Publisher | : |
| Total Pages | : 48 |
| Release | : 2018 |
| Genre | : |
| ISBN | : |
Using a CGE model, this study analyses the impact of trade liberalization on poverty at the household level taking Ethiopia as a case. Two scenarios (complete tariff cut and uniform tariff scheme) suggest that further liberalization of trade has little short-run effect on the overall economy. However, the agriculture-based manufacturing sector (in particular, textile and leather) is likely to be strongly affected by further tariff reduction. Reductions in import prices of textiles and leather products increase imports of these goods implying that trade liberalization is likely to dampen domestic production of textile and leather products. Poverty shows a slight increase in both scenarios. At the national level, a complete tariff cut results in an increase in poverty by 2.8 percent, while a uniform tariff scheme raises poverty by 2.3 percent. Similarly, it is found that poverty gap and poverty severity indices show a slight increase. Comparing the effect of trade reform on different household groups, i.e. farm households, wage earner households and entrepreneur households, poverty in entrepreneur households increases by a higher percentage change (3.2 percent) in the complete tariff cut scenario. Poverty incidence increases by 1.7 and 1.5 percent for farm households and wage earners, respectively, under the complete tariff cut scenario. This comparison holds consistently when looking at the more realistic uniform tariff scheme. Entrepreneur households are at a disadvantage due to trade liberalization shown in the poverty gap and poverty severity indices. This is consistent with the theoretical argument that previously protected infant industries are highly affected by trade liberalization.
Globalization, Trade and Poverty in Ghana
| Author | : Charles Ackah |
| Publisher | : IDRC |
| Total Pages | : 258 |
| Release | : 2012 |
| Genre | : Business & Economics |
| ISBN | : 9988647360 |
Citing a paucity of empirical evidence on the poverty and distributional impacts of trade policy reform in Ghana as the main motivation for this volume, the editors (both of the Institute of Statistical, Social and Economic Research at the U. of Ghana) present eleven papers that combine theory and econometric analysis in an effort to assess linkages between globalization, trade, and poverty (including gendered aspects). Specific topics examined include manufacturing employment and wage effects of trade liberalization; the influence of education on trade liberalization impacts on household welfare; trade liberalization and manufacturing firm productivity; the impact of elimination of trade taxes on poverty and income distribution; food prices, tax reforms, and consumer welfare under trade liberalization; impacts on tariff revenues; and impacts on cash cropping, gender, and household welfare; Distributed in the US by Stylus. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com).
The Role of Trade in Ending Poverty
| Author | : |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2015 |
| Genre | : |
| ISBN | : 9789287042323 |
The Role of Trade in Ending Poverty looks at the complex relationships between economic growth, poverty reduction and trade, and examines the challenges that poor people face in benefiting from trade opportunities. Written jointly by the World Bank Group and the WTO, the publication examines how trade could make a greater contribution to ending poverty by increasing efforts to lower trade costs, improve the enabling environment, implement trade policy in conjunction with other areas of policy, better manage risks faced by the poor, and improve data used for policy-making.
Trade Liberalization and Poverty
| Author | : Neil McCulloch |
| Publisher | : Centre for Economic Policy Research |
| Total Pages | : 436 |
| Release | : 2001 |
| Genre | : Business & Economics |
| ISBN | : 9781898128625 |
Openness to trade is a key element of economic policy; continuing extreme poverty in developing countries is a disgrace. This Handbook examines how concerns about the world's poor should affect our attitude towards trade liberalization. Part I draws on economic analysis and practical experience to construct a framework to analyse the links between trade liberalization and poverty. It shows policy-makers how to identify the critical features in their economies so they can ensure that the poor benefit from liberalization. Part II explores the reform of particular sectors -- agriculture, services, etc., and particular instruments of trade policy -- export subsidies, anti-dumping measures, etc. It presents an economic analysis of each type of reform, shows the likely outcome for the poor, and discusses the issue's status on the World Trade Organization's agenda. Book jacket.
Trade Policy and Global Poverty
| Author | : William R. Cline |
| Publisher | : Peterson Institute |
| Total Pages | : 350 |
| Release | : 2004 |
| Genre | : |
| ISBN | : 9780881325683 |
Free trade can help 500 million people escape poverty and inject.
Globalization and Poverty
| Author | : Ann Harrison |
| Publisher | : University of Chicago Press |
| Total Pages | : 674 |
| Release | : 2007-11-01 |
| Genre | : Business & Economics |
| ISBN | : 0226318001 |
Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.
Globalization, Growth, and Poverty
| Author | : Paul Collier |
| Publisher | : World Bank Publications |
| Total Pages | : 200 |
| Release | : 2002 |
| Genre | : Business & Economics |
| ISBN | : 9780821350485 |
Globalization - the growing integration of economies and societies around the world, is a complex process. The focus of this research is the impact of economic integration on developing countries and especially the poor people living in these countries. Whether economic integration supports poverty reduction and how it can do so more effectively are key questions asked. The research yields 3 main findings with bearings on current policy debates about globalization. Firstly, poor countries with some 3 billion people have broken into the global market for manufactures and services, and this successful integration has generally supported poverty reduction. Secondly, inclusion both across countries and within them is important as a number of countries (pop. 2 billion) are failing as states, trading less and less, and becoming marginal to the world economy. Thirdly, standardization or homogenization is a concern - will economic integration lead to cultural or institutional homogenization?
