Trade Liberalisation and Poverty in South Asia

Trade Liberalisation and Poverty in South Asia
Author: Prema-chandra Athukorala
Publisher: Routledge
Total Pages: 221
Release: 2012-05-23
Genre: Business & Economics
ISBN: 1136697837

The link between trade liberalisation and poverty has arguably been one of the most debated topics in development policy debate. Existing studies on the subject have primarily used multi-country cross-sectional data, and there is a growing concern about the limitations of this approach in providing a sound empirical basis for informing the policy debate. These limitations point to the need for undertaking in-depth analyses within individual countries over time. In order to examine the connection between trade liberalisation and poverty, this book provides case studies of trade policy reforms and poverty reduction outcomes of seven countries in South Asia - Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. The South Asia region allows for an excellent comparative study given the widespread emphasis on liberalisation reforms in the region over the past two decades, as well as highlighting significant inter-country differences in terms of the timing and comprehensiveness of reforms, and the heavy concentration of world poverty in the region. This book is a useful contribution to studies on South Asia, as well as International Trade and Development Economics.

Exports to Jobs

Exports to Jobs
Author: Erhan Artuc
Publisher: World Bank Publications
Total Pages: 215
Release: 2019-02-25
Genre: Business & Economics
ISBN: 1464812497

South Asia has grown rapidly with significant reductions in poverty, but it has not been able to match the fast-growing working age population, leading to lingering concerns about jobless growth and poor job quality. Could export growth in South Asia result in better labor market outcomes? The answer is yes, according to our study, which rigorously estimates—using a new methodology—the potential impact from higher South Asian exports per worker on wages and employment over a 10-year period. Our study shows the positive side of trade. It finds that increasing exports per worker would result in higher wages—mainly for better-off groups, like more educated workers, males, and more-experienced workers—although less-skilled workers would see the largest reduction in informality. How can the benefits be spread more widely? Our study suggests that scaling up exports in labor-intensive industries could significantly lower informality for groups like rural and less-educated workers in the region. Also, increasing skills, and participation of women and young workers in the labor force could make an even bigger dent in informal employment. The region could achieve these gains by: (i) boosting and connecting exports to people (e.g., removing trade barriers and investment in infrastructure); (ii) eliminating distortions in production (e.g., by more efficient allocation of inputs); and (iii) protecting workers (e.g., by investing in education and skills).

The Role of Trade in Ending Poverty

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.

Rigged Rules and Double Standards

Rigged Rules and Double Standards
Author: Kevin Watkins
Publisher: Oxfam
Total Pages: 278
Release: 2002
Genre: Social Science
ISBN: 9780855985257

A critical and detailed analysis of inequalities of world trade systems.

Poverty, Inequality and Policy

Poverty, Inequality and Policy
Author: Gabriel Staicu
Publisher: BoD – Books on Demand
Total Pages: 170
Release: 2017-10-04
Genre: Business & Economics
ISBN: 9535135597

What is poverty and how do we measure it? What is the link between inequality and poverty? What can governments do to alleviate poverty and inequality? Does economic growth reduce poverty in the long run? These are some important research questions that are addressed in this book. It brings together important researchers and university professors to offer some analytical insights into the field of poverty, inequality, and public policies. Using quantitative and qualitative research methods, the authors examine issues relating to (a) contextual, academic, and cognitive differences between rural and urban poverty; (b) the impact of inequality on poverty; (c) theoretical considerations and empirical findings about poverty and inequality with a special reference to Croatia and Pakistan; (d) the role of trade facilitation in reducing poverty in South Asia; and (e) the impact of trade liberalization on economic growth and poverty implications with a special reference to Sri Lanka. The reader of this book will find it concise, with a clearly defined research methodology and findings, and easy to understand. Benefiting of recent statistical data and practical experience from various countries around the world, the findings and conclusions might be helpful to academia and policy makers to find better answers to poverty and inequality in the future.

Trade Liberalisation and Poverty

Trade Liberalisation and Poverty
Author: Minh Son Le
Publisher: Routledge
Total Pages: 313
Release: 2015-08-11
Genre: Business & Economics
ISBN: 1317501527

This book uses Alan Winters’ analytical framework to investigate the effects of trade liberalisation on economic growth and poverty in Vietnam. The country launched a programme of economic and trade reforms, known as Doi Moi, in the mid-1980s which placed the economy on a transitional path from central planning to a market economy. Since then Vietnam has attained a number of remarkable achievements in terms of economic growth and poverty reduction. Although some formidable problems (such as inequality and inflation) remain, it is apparent that trade liberalisation has been associated with a big reduction in poverty. The analysis in the book focuses on the microeconomic (household) level, and there is an emphasis on tracing the effects of trade liberalisation through the four separate channels identified by Winters. Such in-depth and micro-level analyses yield new insights that support important policy lessons and recommendations for Vietnam in particular and, more generally, for similar developing countries.

Trade Liberalisation and Economic Development in Africa

Trade Liberalisation and Economic Development in Africa
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.

Globalization, Trade and Poverty in Ghana

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).

Trade Liberalization and Poverty

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.

Promoting Economic Cooperation in South Asia

Promoting Economic Cooperation in South Asia
Author: Sadiq Ahmed
Publisher: SAGE Publications Pvt. Limited
Total Pages: 0
Release: 2010-02-04
Genre: History
ISBN: 9788132103110

This volume examines the dichotomy between the two faces of South Asia—one poverty stricken and lagging in development, the other highly urbanized and growing rapidly—and tries to find a workable solution to bridge this gap. It looks at the many policy and institutional constraints that contribute to this dichotomy, especially regional conflict that has made South Asia one of the least integrated regions of the world.