This paper argues that greater the liberalization of imports in a sub-Saharan African country, the more signiยฎcant is the decline in its rate of growth due to excessive competitive imports. Furthermore, this result was strengthened during recession in high income economies during the late eighties a
Growth and the dynamics of trade liberalization
โ Scribed by Michael B Devereux
- Publisher
- Elsevier Science
- Year
- 1999
- Tongue
- English
- Weight
- 223 KB
- Volume
- 23
- Category
- Article
- ISSN
- 0165-1889
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
International trade in commercial services is large and is growing as fast as merchandise trade. The liberalization of service sector activity, often characterized hitherto by incumbent monopolies, can produce major welfare gains. Reaching multilateral agreement in liberalizing services runs into pr
## Abstract In this paper, an incomplete financial market model was built to illustrate the impacts of the market incompleteness on the benefits of trade liberalization. Particularly, it will focus on the investigation of the impacts of different sequences of opening up the goods market. That is, s
This paper investigates short and long-run effects of trade liberalization on employment and wages. Employment and wage equations are estimated using data for importable and exportable industrial sectors in Tunisia. Causality tests show that causality is unidirectional. Wages strongly causes employm
## Abstract Policies for importing and exporting international branch campuses are increasingly being formalized, with a number of countries explicitly encouraging educational trade as an economic development goal.