INTERNATIONAL COMPARATIVE ANALYSIS OF ECONOMIC GROWTH: TRADE LIBERALIZATION AND PRODUCTIVITY

Trade Liberalization, Privatization and Economic Growth

International Financial Liberalization and Economic Growth

This paper pulls together existing theory and evidence to assess whether international financial liberalization, by improving the functioning of domestic financial markets and banks, accelerates economic growth. The analysis suggests that the answer is “yes.” First, liberalizing restrictions on international portfolio flows tends to enhance stock market liquidity. In turn, enhanced stock market...

Trade Liberalization and Productivity Growth: Firm-level Evidence from Cameroon

Does trade liberalization foster total factor productivity (TFP) growth in the manufacturing sector? Does sectoral trade orientation determine sectoral TFP levels and growth rates? These questions are addressed using pooled pre-and post-liberalization panel data from Cameroonian firms of eight manufacturing industries. A single production function for the whole manufacturing sector is estimated...

Trade liberalization, supply chains and productivity

This paper investigates the impact of trade liberalization on productivity in Vietnam. The gradual opening up of markets to trade over the course of the last decade culminating with the WTO accession in 2007 makes Vietnam an ideal case for exploring this issue. We use microdata on the population of manufacturing enterprises for the period 2001 to 2010 and match these to data on exports and impo...

Exports, Trade Liberalization and Economic Growth in Sub-Saharan Africa