Trade Policy in Developing Countries

2001 ◽  
Author(s):  
Edward F. Buffie
Keyword(s):  
Developing Countries ◽  
Trade Policy

Trade policy reform in developing countries since 1985

1994 ◽  
Author(s):  
Judith M. Dean ◽  
Seema Desai ◽  
James Riedel
Keyword(s):  
Developing Countries ◽  
Trade Policy ◽  
Policy Reform

Free Trade versus Protection : Static and Dynamic Aspects

1985 ◽  
Vol 24 (1) ◽  
pp. 39-50
Author(s):  
Gunnar Flфystad
Keyword(s):  
Developing Countries ◽  
Foreign Trade ◽  
Trade Policy ◽  
Empirical Evidence ◽  
Free Trade ◽  
Optimal Taxation ◽  
Foreign Trade Policy ◽  
Taxation Policy

This paper analyses whether the developing countries are pursuing an optimal foreign trade policy, given the theoretical and empirical evidence we have. The paper concludes that constraints in imposing other taxes than tariffs in many developing countries may justify having tariffs as part of an optimal taxation policy.

Real Exchange Rate Overvaluation and WTO Dispute Initiation in Developing Countries

2016 ◽  
Vol 70 (4) ◽  
pp. 797-821 ◽  
Author(s):  
Timm Betz ◽  
Andrew Kerner
Keyword(s):  
Developing Countries ◽  
Exchange Rate ◽  
Trade Policy ◽  
Foreign Currency ◽  
Real Exchange Rates ◽  
Trade Disputes ◽  
Trade Dispute ◽  
Competitive Disadvantage ◽  
Dispute Initiation ◽  
Foreign Currency Debt

AbstractWhy and when do developing countries file trade disputes at the World Trade Organization (WTO)? Although financial conditions have long been considered an important driver of trade policy, they have been largely absent from the literature on trade disputes. We argue that developing country governments bring more trade dispute to the WTO when overvalued real exchange rates put exporters at a competitive disadvantage. This dynamic is most prevalent in countries where large foreign currency debt burdens discourage nominal currency devaluations that would otherwise serve exporters’ interests. Our findings provide an explanation for differences in dispute participation rates among developing countries, and also suggest a new link between exchange rate regimes and trade policy.

Trade openness and structural vulnerability in developing countries

2016 ◽  
Vol 43 (1) ◽  
pp. 70-89 ◽  
Author(s):  
Sena Kimm Gnangnon
Keyword(s):  
Developing Countries ◽  
Trade Policy ◽  
Fixed Effects ◽  
Trade Openness ◽  
Developed Countries ◽  
Structural Vulnerability ◽  
Least Developed Countries ◽  
Structural Determinants ◽  
Entire Sample ◽  
Content Type

Purpose – The purpose of this paper is to investigate how trade openness affects the structural vulnerability of developing countries. The analysis is conducted on both the entire sample of 105 countries as well as two sub-samples, namely least developed countries (LDCs) and non-LDCs. Design/methodology/approach – To perform the analysis, the author employs fixed-effects (within) regressions supplemented by instrumental variables technique based on the two-step generalized methods of moments approach. Findings – The author finds empirical evidence that although trade policy liberalization reduces the structural vulnerability on the entire sample developing countries, no statistically significant effect of such liberalization is obtained either on LDCs or non-LDCs. However, trade policy liberalization appears to reduce countries’ exposure to shocks, result that applies to the entire sample as well as the two sub-samples. The author also observes that trade policy liberalization exerts no (statistically) significant effect on the size of shocks that affect developing countries, result that applies to both the full sample and the sub-samples of LDCs and non-LDCs. Research limitations/implications – In the absence of a well-established theoretical framework on how trade openness affects the structural vulnerability of developing, the author adopts a pragmatic approach by drawing upon many insights of Loayza and Raddatz (2007) who study the structural determinants of external vulnerability. Practical implications – Developing countries in general and LDCs in particular could address their structural weaknesses by making optimal use of their trade policies. In particular, they could better use the flexibilities available to them in provisions of the World Trade Organization (WTO)’ Agreements. In this respect, the international community, notably donors of the developed world has a key role to play. Originality/value – This is the first study exploring how trade openness, capturing here through trade policy liberalization affects the structural vulnerability of developing countries.

scholarly journals Structural Changes in Direction of India’s Exports under New Trade Policy

2017 ◽  
Vol 3 (2) ◽  
Author(s):  
Manoj Kumar Sinha
Keyword(s):  
Developing Countries ◽  
Hong Kong ◽  
Trade Policy ◽  
Concentration Ratio ◽  
Structural Changes ◽  
Developing Economies ◽  
Developed Countries ◽  
Brics Countries ◽  
Trading Partners ◽  
Trade Share

The main objective of this paper is to analyse the structural changes in direction of India’s exports under the New Trade Policy since 1991. The period of study is 1987-88 to 2014-15. The paper uses the dominance pattern, ranking technique, mobility and turnover, concentration ratio and growth rate technique as research methodology for analysis. The results show that USA, UAE, Hong Kong, UK and Germany accounted for more than 62 percent of exports from India at the world level. UAE and Hong Kong are Asian Countries in top five and accounted for around 24 percent of India’s export. World concentration ratio of exports from India is negative, declining and low. In case of developing countries, UAE has emerged as the most important trading partner followed by Hong Kong, Singapore, Saudi Arabia and Bangladesh and accounted for more than 64 percent of India’s export to developing countries. Bangladesh is the only SAARC country in top five developing countries, while China and Russia of BRICS countries are in top list of India’s exports. India’s direction of foreign trade has exhibited a structural shift during the last two decades. Trade volume and trade share of emerging and developing economies has increased while the share of conventional trading partners (developed countries) has showed a declining trend.

Industrialization and Trade Policies in the 1970s

2018 ◽  
Keyword(s):  
Developing Countries ◽  
Trade Policy ◽  
Development Strategy ◽  
Developed Countries ◽  
The Other ◽  
Trade Policies ◽  
Policy Options ◽  
Poverty And Inequality ◽  
The Development Strategy

In the chapter, Haq again assuming the role of an advocate of the developing world, spells out various trade policy options for less developed countries—inward looking strategy, outward looking strategy, and regional and sub-regional co-operation. Haq raises questions about the presumed relationship between trade and development and clarifies that trade should not be regarded as the pacesetter in the development strategy for a country but merely as a derivative. Trade strategies, according to Haq, should be embedded in the context of an overall development strategy, not the other way around. He urged developing countries to first define a viable strategy for attacking problems of poverty and inequality and then figuring out trade possibilities geared towards meeting these goals.

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