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Trade Policy Regimes and Development Strategies: A Comparative Study

  • Sam Laird

    (Conférence des Nations unies sur le commerce et le développement (CNUCED))

  • Patrick Messerlin

    (Groupe d'économie mondiale)

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    Over the past two decades, nearly all developing countries and transition economies have undertaken important changes in their trade regimes, often as part of World Bank-International Monetary Fund programs. Recently, further changes in trade regimes have been driven by participation in regional trade agreements and in the General Agreement on Tariffs and Trade/World Trade Organization. However, while greater openness appears to have produced useful gains, not all countries have benefited equally from the reforms. This study attempts to distinguish between important elements of the reform programs, taking account of the linkages with other economic policies, and to derive some indicators of trade policy performance that might be used in developing more precise guidelines for future reforms. The paper looks at the relative importance of reforms in different regions and corresponding trade performance. It starts by describing the overall economic performance of a number of countries in Latin America, Europe, and Asia. Then, it reviews Latin American trade policies over the past 20 years, and provides an international comparison, developing indicators that could serve as guidelines for monitoring progress. It concludes with a discussion of the links between trade and other economic policies.

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    Paper provided by Sciences Po in its series Sciences Po publications with number 7.

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    Date of creation: Dec 2002
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    Handle: RePEc:spo:wpmain:info:hdl:2441/8070
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    1. Montague J. Lord (ed.), 1998. "The Handbook of Latin American Trade in Manufactures," Books, Edward Elgar, number 1392.
    2. Jean-Christophe Maur & Patrick Messerlin, 2001. "Which Free Trade Agreement in South Eastern Europe?," Sciences Po publications info:hdl:2441/8368, Sciences Po.
    3. Rudiger Dornbusch & Sebastian Edwards, 1991. "The Macroeconomics of Populism in Latin America," NBER Books, National Bureau of Economic Research, Inc, number dorn91-1, December.
    4. Hartler, Christina & Laird, Sam, 1999. "The EU model and Turkey: A case for thanksgiving?," WTO Staff Working Papers TPRD-99-01, World Trade Organization (WTO), Economic Research and Statistics Division.
    5. Martin,Will & Winters,L. Alan (ed.), 1996. "The Uruguay Round and the Developing Countries," Cambridge Books, Cambridge University Press, number 9780521586016.
    6. Rudiger Dornbusch & Sebastian Edwards, 1991. "Introduction to "The Macroeconomics of Populism in Latin America"," NBER Chapters, in: The Macroeconomics of Populism in Latin America, pages 1-4 National Bureau of Economic Research, Inc.
    7. Crawford, Jo-Ann & Laird, Sam, 2001. "Regional trade agreements and the WTO1," The North American Journal of Economics and Finance, Elsevier, vol. 12(2), pages 193-211, July.
    8. Safadi, Raed & Laird, Sam, 1996. "The Uruguay Round agreements: Impact on developing countries," World Development, Elsevier, vol. 24(7), pages 1223-1242, July.
    9. Paul Mosley, 2000. "Globalisation, Economic Policy and Convergence," The World Economy, Wiley Blackwell, vol. 23(5), pages 613-634, 05.
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