1 This paper examines the impact of trade liberalization on poverty reduction in Bangladesh by using Computable General Equilibrium (CGE) analysis. By using CGE analysis we see that WTO and SAFTA have a positive impact of increasing in household welfare in Bangladesh through increasing in household consumption in Bangladesh. The major findings of two simulation results show that under the compl...

In the year that capital-poor countries open their stock markets to foreign investors, the growth rate of their typical firm’s capital stock exceeds its pre-liberalization mean by 4.1 percentage points. In each of the next three years the average growth rate of the capital stock for the 369 firms in the sample exceeds its pre-liberalization mean by 6.1 percentage points. However, there is no ev...

The global economic and financial instability context of the 1990s and 2000s also affected the Turkish economy. Actually, the 1980s in Turkey are characterized by a radical transformation of its economy through significant efforts of liberalization. With an outlooking economy and a liberalized financial system in the early 1990s, Turkey was an example of successful liberalization process for th...

1. Introduction The benefits to developing economies of their comparatively recent integration to international capital markets are clearly substantial: access to international savings allowing the rate of investment (and thus industrial progress and income growth) to be raised; the ability to dampen exogenous shocks by borrowing abroad; and efficiency gains from the transfers of competitive te...