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Trade Liberalisation and Economic Performance: Latin America versus East Asia 1970-2006


  • Jose Duran


  • Nanno Mulder


  • Osamu Onodera



This paper, together with four other country case studies, is a part of a broader research programme addressing trade and structural adjustment issues in non-member economies which was conducted as a follow-up to Trade and Structural Adjustment: Embracing Globalisation (OECD, 2005) which identified policies for successful trade-related structural adjustment. This paper studies the trade liberalisation and structural adjustment experiences and their outcomes in terms of economic and trade performance in East Asia and Latin America. The report consists of 5 main sections; After an introduction, Section A first looks at the growth performance and role of trade and FDI. Section B looks at trade related policy trends in the two regions while section C looks at some trade and foreign direct investment indicators. Section D compares the structural adjustment in the two regions and Section E concludes.

Suggested Citation

  • Jose Duran & Nanno Mulder & Osamu Onodera, 2008. "Trade Liberalisation and Economic Performance: Latin America versus East Asia 1970-2006," OECD Trade Policy Papers 70, OECD Publishing.
  • Handle: RePEc:oec:traaab:70-en

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    References listed on IDEAS

    1. Andrew B. Bernard & J. Bradford Jensen & Peter K. Schott, 2003. "Falling Trade Costs, Heterogeneous Firms, and Industry Dynamics," Working Paper Series WP03-4, Peterson Institute for International Economics.
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    4. Sébastien Jean & Giuseppe Nicoletti, 2015. "Product market regulation and wage premia in Europe and North America: An empirical investigation," International Economics, CEPII research center, issue 144, pages 1-28.
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    8. Rudolf Adlung, 2006. "Services Negotiations in the Doha Round: Lost in Flexibility?," Journal of International Economic Law, Oxford University Press, vol. 9(4), pages 865-893, December.
    9. Philippa Dee & Kevin Hanslow, 2002. "Multilateral liberalisation of services trade," International Trade 0207002, EconWPA.
    10. Barth,James R. & Caprio,Gerard & Levine,Ross, 2008. "Rethinking Bank Regulation," Cambridge Books, Cambridge University Press, number 9780521709309, March.
    11. Aaditya Mattoo & Pierre Sauve, 2003. "Domestic Regulation and Service Trade Liberalization," World Bank Publications, The World Bank, number 15081.
    12. Fukunari Kimura & Hyun-Hoon Lee, 2006. "The Gravity Equation in International Trade in Services," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 142(1), pages 92-121, April.
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    15. Marc J. Melitz, 2003. "The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity," Econometrica, Econometric Society, vol. 71(6), pages 1695-1725, November.
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    17. Stephen S. Golub, 2003. "Measures of Restrictions on Inward Foreign Direct Investment for OECD Countries," OECD Economic Studies, OECD Publishing, vol. 2003(1), pages 85-116.
    18. Elhanan Helpman & Marc Melitz & Yona Rubinstein, 2006. "Trading Partners and Trading Volumes," DEGIT Conference Papers c011_022, DEGIT, Dynamics, Economic Growth, and International Trade.
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    21. Henk Kox & Arjan Lejour & Raymond Montizaan, 2004. "The free movement of services within the EU," CPB Document 69, CPB Netherlands Bureau for Economic Policy Analysis.
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    Cited by:

    1. Mariam Camarero & Inmaculada Martínez-Zarzoso & Felicitas Nowak-Lehmann & Cecilio Tamarit, 2016. "Trade Openness and Income: A Tale of Two Regions," The World Economy, Wiley Blackwell, vol. 39(3), pages 386-408, March.
    2. Correa Mautz, Felipe, 2016. "Encadenamientos productivos desde la minería de Chile," Desarrollo Productivo 203, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    3. Berisha-Krasniqi, Valdete & Bouet, Antoine & Estrades, Carmen & Laborde, David, 2011. "Trade and investment in Latin America and Asia: Lessons from the past and potential perspectives from further integration," IFPRI discussion papers 1060, International Food Policy Research Institute (IFPRI).

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    East Asia; Latin America; liberalisation; liberalization; structural equation modelling; trade;

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