Trade and Industrial Policy Reform in Developing Countries: A Review of Recent Theory and Evidence
73 Pages Posted: 30 Nov 2000 Last revised: 29 Jul 2022
Date Written: August 1993
Abstract
This paper reviews recent theory and evidence on trade and industrial policy reform in developing countries. First, the theoretical and empirical basis of the rationales for policy reform are discussed. Next, two sources of heterodoxy are identified and evaluated: (a) the East Asian experience with interventionist industrial policies; (b) recent models of imperfect competition. The survey then turns on strategic issues in reform, and discusses the theory of piecemeal reform, tax or tariff uniformity, credibility, political economy, and interactions with stabilization policy. The penultimate section reviews the available evidence on the consequences of recent policy reform.
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Understanding India's Services Revolution
By James P. Gordon and Poonam Gupta
-
By Garry Pursell and Anju Gupta