منابع مشابه
Effects of Trade and Financial Liberalization on Financial Development (Case Study: MENA Countries)
Financial sector is one of the most influential sectors in economic activities. Empirical and theoretical studies conducted in recent years have also confirmed the significant role of financial institutions in economic growth. Additionally, trade and financial liberalization policies have been particular concerned with strategic policies in developed and developing countries. According to dynam...
متن کاملTrade Liberalization and Employment
This paper reviews both multi-country and country studies on the impact of trade liberalization on growth and employment in developing countries. These studies reveal sharply contrasting effects of trade liberalization on employment, suggesting that country-specifi c and contingent factors are important. In particular, differences in how trade liberalization is implemented are particularly impo...
متن کاملThe Effect of Financial development and Trade liberalization on Eeconomic growth In Upper Middle Income Countries
Abstract For more than a decade now, Various efforts have been put in place by various governments of developing economies to promote economic growth. The impact of financial development and Trade liberalization on economic growth in the developing economies has been a subject of much debates and controversies. The contradictions in literature on the subject matter shows that these relationship...
متن کاملTrade Liberalization and Financial Leverage
This paper argues that trade liberalization has a potentially significant impact on financial leverage. We compare the predictions of the trade-off model of capital structure with the pecking order model. In the first case, we suggest that trade liberalization affects the trade-off between the tax advantages of debt and expected bankruptcy costs. This implies that a reduction in domestic tariff...
متن کاملTrade Liberalization and Income Distribution
Empirical work relating trade liberalization and income distribution has identified an important anomaly. The Stolper-Samuelson theorem predicts that trade liberalization will shift income toward a country’s abundant factor. For developing countries, this suggests liberalization will principally benefit the abundant unskilled labor. Yet extensive empirical studies have identified many cases wit...
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ژورنال
عنوان ژورنال: Intereconomics
سال: 1971
ISSN: 0020-5346,1613-964X
DOI: 10.1007/bf02926996