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Trade, Trade Policy and Development

In: Palgrave Handbook of International Trade

Author

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  • Chris Milner

    (GEP
    University of Nottingham)

Abstract

Although the consensus has changed over time, the present consensus (in particular among those with a neoclassical training) is that openness to international trade and outward-oriented trade strategies are in general beneficial for countries, including developing countries. Nonetheless, the underpinning of that consensus by theory and empirical evidence gives rise to considerably more controversy than might be inferred from the consensus on the net or overall evaluation. In this chapter we seek to review the individual issues and controversies that exist in the theoretical and empirical literatures on the roles of trade and trade policy in economic development.

Suggested Citation

  • Chris Milner, 2013. "Trade, Trade Policy and Development," Palgrave Macmillan Books, in: Daniel Bernhofen & Rod Falvey & David Greenaway & Udo Kreickemeier (ed.), Palgrave Handbook of International Trade, chapter 20, pages 622-659, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-30531-1_20
    DOI: 10.1007/978-0-230-30531-1_20
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    Cited by:

    1. Botchie, David & Sarpong, David & Bi, Jianxiang, 2018. "A comparative study of appropriateness and mechanisms of hard and soft technologies transfer," Technological Forecasting and Social Change, Elsevier, vol. 131(C), pages 214-226.

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