TRADE OPENNESS, INEQUALITY AND POVERTY IN LATIN AMERICAN COUNTRIES

Openness and Wage Inequality in Developing Countries: The Latin American Challenge to East Asian Conventional Wisdom

The experience of East Asia in the 1960s and 1970s supports the theory that greater openness to trade tends to narrow the wage gap between skilled and unskilled workers in developing countries. In Latin America since the mid-1980s, however, increased openness has widened wage differentials. This conflict of evidence is probably not the result of differences between East Asia and Latin America. ...

Openness of Trade, Unemployment and Inequality of Income Distribution: Comparison between Developed and Developing Countries

In the discussions of trading, unemployment and income distribution inequality, this question is raised by economists that in economic development of developing and developed countries, which policy is necessary in the first stage. Is trading liberalization the pre-requirement of transfer from a close economy to a relative open economy and is it necessary for the developed economy compared to o...

Agriculture Trade Openness and Poverty Reduction: A Cross-Country Analysis

This paper explores the effects of general and agricultural trade openness on economic freedom and alongside with the quality of institutions, on income and poverty. Recent cross-country data for over 200 nations in global regions were used to estimate equations for income, poverty and economic freedom. Economic freedom appears to have positive impacts on income levels, which together with good...

Openness, Inequality and Poverty in Africa

Th is paper explores the relationships between openness, poverty and inequality in Africa. Th e analysis begins with a review of social development on the continent since 1980, followed by a discussion of openness and a lengthy exploration of the patterns of trade and fi nance that link Africa to the rest of the world. Th e macroeconomic policy framework that guided African policymaking over th...

Trade , Poverty and Inequality