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The Rhetoric and Reality of Trade Liberalisation in Developing Countries

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  • Anthony P. Thirlwall

Abstract

The paper reviews the evidence of the impact of trade liberalisation on the economic performance of poor developing countries with respect to trade and the balance of payments, economic growth, poverty reduction, the distribution of income within countries, and the distribution of income between countries, and finds that trade liberalisation has not delivered the benefits expected. Economic theory, and the historical and contemporary evidence, all provide arguments for protection of industrial activities in developing countries.

Suggested Citation

  • Anthony P. Thirlwall, 2013. "The Rhetoric and Reality of Trade Liberalisation in Developing Countries," Rivista italiana degli economisti, Società editrice il Mulino, issue 1, pages 3-24.
    • Handle: RePEc:mul:jqat1f:doi:10.1427/72897:y:2013:i:1:p:3-24
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    Cited by:

    1. G. Antonelli & P. P. Calia & G. Guidetti, 2014. "Approaching an investigation of multi-dimensional inequality through the lenses of variety in models of capitalism," Working Papers wp984, Dipartimento Scienze Economiche, Universita' di Bologna.
    2. A.P. Thirlwall, 2018. "Una vita nell’economia," Moneta e Credito, Economia civile, vol. 71(283), pages 179-210.
    3. Susan H. Bragdon, 2016. "Reinvigorating the Public Sector: The Case of Food Security, Small-scale Farmers, Trade and Intellectual Property Rules," Development, Palgrave Macmillan;Society for International Deveopment, vol. 59(3), pages 280-291, December.
    4. Razzak Weshah A. & Bentour El M., 2013. "Do Developing Countries Benefit from Foreign Direct Investments? An Analysis of Some Arab and Asian Countries," Review of Middle East Economics and Finance, De Gruyter, vol. 9(3), pages 357-388, December.

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