Trade Liberalization And A Regional Economy
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Author | : Romain Wacziarg |
Publisher | : Edward Elgar Publishing |
Total Pages | : 0 |
Release | : 2018 |
Genre | : Free trade |
ISBN | : 9781788111492 |
This compelling two-volume collection presents the major literary contributions to the economic analysis of the consequences of trade liberalization on growth, productivity, labor market outcomes and economic inequality. Examining the classical theories that stress gains from trade stemming from comparative advantage, the selection also comprises more recent theories of imperfect competition, where any potential gains from trade can stem from competitive effects or the international transmission of knowledge. Empirical contributions provide evidence regarding the explanatory power of these various theories, including work on the effects of trade openness on economic growth, wages, and income inequality, as well as evidence on the effects of trade on firm productivity, entry and exit. Prefaced by an original introduction from the editor, the collection will to be an invaluable research resource for academics, practitioners and those drawn to this fascinating topic.
Author | : Gift Mugano |
Publisher | : Routledge |
Total Pages | : 179 |
Release | : 2021-09-30 |
Genre | : Business & Economics |
ISBN | : 100045794X |
This book provides a thorough and rigorous discussion on the impact of trade liberalisation on economic development with a special focus on the African continent. The author presents the rationale for trade liberalisation, trade liberalisation frameworks, the trade liberalisation economic development nexus, impediments to trade, and contemporary issues of international trade. In this book, notwithstanding the benefits from trade liberalisation, the author shows that African trade as a share of global trade has remained flat at 3% as in 1975, while the continent’s exports have remained raw materials and its intra-regional trade at less than 15% of total trade, which is the lowest in the world (UNCTAD, 2020). With respect to key economic development indicators such as economic growth, poverty levels, and employment levels, this book shows that, ironically and in direct contrast with the conventional views that trade liberalisation alleviates poverty, trade liberalisation in Africa has resulted in high levels of unemployment and low economic growth which ultimately lead to increased poverty. In addition, this book provides a detailed analysis of why trade liberalisation has failed to yield meaningful benefits to Africa. The binding constraints and blockages which prevent positive spin-offs on trade liberalisation in Africa are discussed in detail in this book. In the same vein, the author provides practical strategies which must be adopted by African countries in order to gain from trade liberalisation, making this work a must-read for African governments, academia, trade experts, regional trading blocs, the World Trade Organization, and development partners. In view of this, and as part of the disruptive and structural transformation policies, the author discusses case studies and international experience contextualised to Africa as well as strategies for addressing the trade-related infrastructure gap, production capacities, export promotion, and aid for trade.
Author | : Daniel H. Rosen |
Publisher | : Peterson Institute |
Total Pages | : 217 |
Release | : 2011 |
Genre | : Business & Economics |
ISBN | : 0881325015 |
China and Taiwan have built one of the most intertwined and important economic relationships in the world, and yet that relationship is not mutually open, compliant with World Trade Organization norms, or even fully institutionalized. What's more, despite massive trade and investment flows, the boundary between the two is a serious flashpoint for potential conflict. But leaders in Beijing and Taipei have committed to normalize and deepen their economic intercourse and open a new post-Cold War era in their relationship. While the political significance of this gambit has captured attention worldwide, the scope of opening intended and the bilateral, regional, and global effects likely to ensue are as yet poorly understood. This volume attempts to remedy that uncertainty with careful modeling combined with a qualitative assessment of the implications of the cross-strait economic opening now agreed in an Economic Cooperation Framework Agreement (ECFA). The study explores the implications for Taiwan and China, for their neighbors, and for the United States if this undertaking is fully implemented by 2020.
Author | : Muhammad Shoaib Butt |
Publisher | : Routledge |
Total Pages | : 269 |
Release | : 2008-12-04 |
Genre | : Business & Economics |
ISBN | : 113403735X |
This is the first study to distinguish a possible link between trade liberalisation and regional disparities under dissimilar political regimes, such as autocracy and democracy. It uses Pakistan as a case study to draw broader lessons for other developing countries.
Author | : Maurice W. Schiff |
Publisher | : World Bank Publications |
Total Pages | : 344 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9780821350782 |
This text examines regionalism from the perspective of developing countries. It presents a comprehensive account of existing theory and empirical results and incorporates the findings of formal analyses ofthe politics and dynamics of regionalism.
Author | : Ashok Parikh |
Publisher | : World Scientific Publishing Company |
Total Pages | : 323 |
Release | : 2007-06-04 |
Genre | : Business & Economics |
ISBN | : 9813106891 |
This is one of few books on the quantitative assessment of trade liberalisation and its impact on micro and macro economics structure in developing countries. Addressing the prospects of economic growth at a macro level, gives a thorough analysis of various issues such as profitability of enterprises after liberalisation, structural change, imports and exports by sectors and regions, and the trade balances of developing countries. The aspects of terms of trade and the trade balances in African, Latin American and Asian economies are studied using econometric techniques.
Author | : Mustapha Rouis |
Publisher | : World Bank Publications |
Total Pages | : 209 |
Release | : 2012-12-11 |
Genre | : Business & Economics |
ISBN | : 082139729X |
This book summarizes the constraints to and opportunities for deepening economic integration within the MENA region and beyond. Trade and investment reform are discussed together with physical connectivity, cross-border trade facilitation, infrastructure networks, and the vital role of logistics.
Author | : Jeffrey A. Frankel |
Publisher | : Peterson Institute |
Total Pages | : 392 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : 9780881322026 |
Covers trends from 1957 to 1995.
Author | : C.W. Barrow |
Publisher | : Springer Science & Business Media |
Total Pages | : 276 |
Release | : 2003-12-31 |
Genre | : Business & Economics |
ISBN | : 9781402017919 |
This study is the first effort to document the extent of NAFTA's impact on higher education. Through case studies, the authors analyze higher education policy in Canada, Mexico, and the USA using a common theoretical framework that identifies economic globalization, international trade liberalization, and post-industrialization as common structural factors exerting a significant influence on higher education in the three countries.
Author | : Donovan Stanberry |
Publisher | : Springer Nature |
Total Pages | : 294 |
Release | : 2021-12-12 |
Genre | : Business & Economics |
ISBN | : 3030893596 |
Located within the plantation economy model of the “New World Group” of The University of the West Indies, this book explores how the changes in the European Union’s sugar regime impacted a sugar-dependent community in Jamaica. It details how the end of centuries of preferential treatment of Jamaican sugar in the British/European market in 2005 worsened the social and environmental realities of the Monymusk community in Clarendon, Jamaica, which depended on the sugar industry. In describing the response of the Jamaican Government to the changes in the EU Sugar Regime, and the subsequent roll-out of an EU funded adaptation strategy, the author provides some unique perspectives on this process, drawing on his experience as a senior civil servant involved in the process. The book also highlights the continued social and environmental impact on the area since 2015 . The book concludes with a discussion on the empirical findings and how those findings contribute to the debates on the dependency perpetuated by the Plantation Economy Model of development and the failure of neo-liberal influenced government policies, as well as the lack of imagination of post-independent governments to break this dependency and deliver on the promise of independence.