Openness, outward orientation, trade liberalization, and economic performance in developing countries
This paper provides a critical review of the existing empirical literature that deals with the relationship between trade orientation and economic performance. Using a model that avoids the shortcomings of most current measures of trade orientation, the author finds strong support for the hypothesis that, other things being equal, countries with a less distorted external sector grow faster than countries with a more distorted external sector.
|Date of creation:||30 Jun 1989|
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