Economics, Econometrics and Finance
4 years ago

Trade liberalisation in developing countries fails to deliver expected economic benefits.

Rivista italiana degli economisti
The Rhetoric and Reality of Trade Liberalisation in Developing Countries
A. P. Thirlwáll

Paper Summary

Trade liberalization in developing countries has not led to the expected benefits. Protection of industrial activities in these countries is supported by economic theory and historical evidence.

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