Trade liberalization and institutional reforms
نویسندگان
چکیده
منابع مشابه
Trade 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...
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Pakistan introduced a package of economic reforms consisting of liberalization, deregulation and privatization policies. The main focus of these reforms was on achieving macroeconomic stability and a reasonable rate of economic growth. Manufacturing sector is an important sector of the economy of Pakistan and contributes about 25% share in GDP. Agro-based industries have a special importance in...
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The objective of this study is to see the impacts of economic reforms and trade liberalisation policies on agricultural export performance of Pakistan. The major purpose is to examine the effects of both domestic supply-side factors and world demand on agricultural export performance. Four indicators of economic reforms and trade liberalisation policies are considered namely competitiveness, di...
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: The Economics of Transition
سال: 2007
ISSN: 0967-0750,1468-0351
DOI: 10.1111/j.1468-0351.2007.00286.x