Trade Liberalization and Economic Development: the relentless pursuit of a conductor loop

This paper studies the attempts to find a common link between trade liberalization and economic development. Previous research was reviewed and it is noted they have failed to find elements which allow to infer of a direct and significant relationship between the variables analyzed. Nevertheless, fr...

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Detalles Bibliográficos
Autor principal: Glatstein, Daniel
Formato: Artículo revista
Lenguaje:Español
Publicado: Facultad de Ciencias Económicas. Instituto de Economía y Finanzas 2014
Materias:
F43
O24
Acceso en línea:https://revistas.unc.edu.ar/index.php/acteconomica/article/view/10700
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Sumario:This paper studies the attempts to find a common link between trade liberalization and economic development. Previous research was reviewed and it is noted they have failed to find elements which allow to infer of a direct and significant relationship between the variables analyzed. Nevertheless, from different multilateral agencies recommendations are made assuming that such a relationship exists. In conclusion, trade policy should be seen as one element in an overall development strategy and not as a tool that by itself guarantees results independently.