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Towards a More General Approach to Trade Liberalization

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  • NICHOLAS GRUEN

Abstract

Despite the frequency with which they have been promoted as a model of development. East Asian trade policies have had little influence on the normative economics of trade reform. In contrast to directly dismantling protection, developing countries have often provided concessional import rights which override existing protection. These instruments include EPZs and duty remission. This paper accommodates these instruments of ‘new trade liberalization’ within a more general understanding of trade liberalization illustrating their similarities and their differences. Both old and new trade liberalization can, on their own, bring about complete free trade. Needless to say, so far, neither has!

Suggested Citation

  • Nicholas Gruen, 1999. "Towards a More General Approach to Trade Liberalization," The Economic Record, The Economic Society of Australia, vol. 75(4), pages 385-396, December.
    • Handle: RePEc:bla:ecorec:v:75:y:1999:i:4:p:385-396
    DOI: 10.1111/j.1475-4932.1999.tb02574.x
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    References listed on IDEAS

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    1. Nicholas Gruen, 1991. "Export Orientation, Trade Liberalisation and Import/Export Links," The World Economy, Wiley Blackwell, vol. 14(4), pages 441-474, December.
    2. Herander, Mark G, 1986. "Export Drawback and the Structure of Protection," Bulletin of Economic Research, Wiley Blackwell, vol. 38(1), pages 43-48, January.
    3. Anne O. Krueger, 1978. "Foreign Trade Regimes and Economic Development: Liberalization Attempts and Consequences," NBER Books, National Bureau of Economic Research, Inc, number krue78-1, January.
    4. Levy, Brian, 1993. "An Institutional Analysis of the Design and Sequence of Trade and Investment Policy Reform," The World Bank Economic Review, World Bank, vol. 7(2), pages 247-262, May.
    5. Grossman, Gene M., 1982. "Offshore assembly provisions and the structure of protection," Journal of International Economics, Elsevier, vol. 12(3-4), pages 301-312, May.
    6. Falvey, Rodney E., 1988. "Tariffs, quotas and piecemeal policy reform," Journal of International Economics, Elsevier, vol. 25(1-2), pages 177-183, August.
    7. Warr, Peter G, 1989. "Export Processing Zones: The Economics of Enclave Manufacturing," The World Bank Research Observer, World Bank, vol. 4(1), pages 65-88, January.
    8. Vousden,Neil, 1990. "The Economics of Trade Protection," Cambridge Books, Cambridge University Press, number 9780521346696.
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    Cited by:

    1. Ianchovichina, Elena, 2004. "Trade policy analysis in the presence of duty drawbacks," Journal of Policy Modeling, Elsevier, vol. 26(3), pages 353-371, April.

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