Trade liberalisation and the poverty of nations [electronic resource] / A.P. Thirlwall and Pen�elope Pacheco-L�opez.
Material type:
Includes bibliographical references (p. 211-238) and index.
1. The theory and measurement of trade liberalisation -- 2. Trade liberalisation, trade performance and economic growth -- 3. Trade liberalisation and international inequality -- 4. Trade liberalisation, poverty and domestic inequality -- 5. Trade strategy and economic development.
This book argues that orthodox theory is based on many unreal assumptions, and that there are sound economic arguments for selective protection of industrial activities in the early stages of economic development. The historical evidence of the now-developed countries also illustrates this fact.
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