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Socioeconomic Vulnerability and Trade Liberalization: Cross-Country Evidence in Central and Eastern Europe

In: Economic Reform in Developing Countries

Author

Listed:
  • Pierluigi Montalbano
  • Alessandro Federici
  • Carlo Pietrobelli
  • Umberto Triulzi

Abstract

This book offers insights into the process of economic reform in developing countries. It is organized around three factors that are critical to the success of any reform. According to Nobel Laureate Amartya Sen, these key dimensions are Reach, Range, and Reason. ‘Reach’ refers to the ability of reform to be person-centered and evenhanded, reaching all individuals in society. ‘Range’ considers the institutional reforms and policy changes necessary to implement change and the possible ripple effects on other policies and populations. Finally, ‘Reason’ captures the importance of constantly asking why a particular reform has been selected.

Suggested Citation

  • Pierluigi Montalbano & Alessandro Federici & Carlo Pietrobelli & Umberto Triulzi, 2008. "Socioeconomic Vulnerability and Trade Liberalization: Cross-Country Evidence in Central and Eastern Europe," Chapters, in: José María Fanelli & Lyn Squire (ed.), Economic Reform in Developing Countries, chapter 2, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:12715_2
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    Citations

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    Cited by:

    1. Montalbano, Pierluigi, 2011. "Trade Openness and Developing Countries' Vulnerability: Concepts, Misconceptions, and Directions for Research," World Development, Elsevier, vol. 39(9), pages 1489-1502, September.
    2. Yin, Hua & Du, Zaichao & Zhang, Lin, 2018. "Assessing the gains and vulnerability of free trade: A counterfactual analysis of Macau," Economic Modelling, Elsevier, vol. 70(C), pages 147-158.

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    Keywords

    Development Studies; Economics and Finance;

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