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Journal of Economic Perspectives: Vol. 6 No. 1 (Winter 1992)
JEP Volume. 6, Issue 1 | 
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The Case for Trade Liberalization in Developing Countries
Article Citation
Dornbusch, Rudiger. 1992. "The Case for Trade Liberalization in Developing Countries."
Journal of Economic Perspectives,
6(1): 69-85.
DOI: 10.1257/jep.6.1.69
DOI: 10.1257/jep.6.1.69
Abstract
This paper reviews the actual situation of protection in developing countries, and then discusses the prospective gains from liberalization. Three experiences with liberalization, from three different parts of the world, are sketched: Turkey, Korea, and Mexico. Next the paper considers what can go wrong with trade reform. Finally, it focuses on two new directions in trade strategy: service trade liberalization and regional free trade agreements.
Article Full-Text Access
Full-text Article (Complimentary)
Authors
Dornbusch, Rudiger (MIT and NBER)
JEL Classifications
O19: International Linkages to Development; Role of International Organizations
F13: Trade Policy; International Trade Organizations
F13: Trade Policy; International Trade Organizations
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