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The case for trade liberalization in developing countries

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  • The case for trade liberalization in developing countries
  • Dornbusch, Rudiger
  • American Economic Association


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Title The case for trade liberalization in developing countries
Similar Titles
Material Type Articles
Author(English)

Dornbusch, Rudiger

Publisher

[Pittsburgh]:American Economic Association

Date 1992
Journal Title; Vol./Issue Journal of Economic Perspectives:vol. 6(no. 1)
Pages 18
Subject Country Mexico(Americas)
South Korea(Asia and Pacific)
Turkey(Middle East)
Language English
File Type Link
Original Format pdf
Subject Economy < Trade
Holding American Economic Association

Abstract

This paper reviews the actual situation of protection in developing countries, and then discusses the prospective gains from liberalization. Three experiences with liberalization, from three different parts of the world, are sketched: Turkey, Korea, and Mexico. Next the paper considers what can go wrong with trade reform. Finally, it focuses on two new directions in trade strategy: service trade liberalization and regional free trade agreements.