Stormy Days on an Open Field: Asymmetries in the Global Economy
نویسندگان
چکیده
منابع مشابه
A Stormy Day on an Open Field: Asymmetry and Convergence in the Global Economy
Too often, the word ‘openness’ has been used to embrace the entire scope of policies and outcomes that characterise a healthy economy. But this makes ‘openness’ unachievable from a policy point of view. Here, I use the word to refer narrowly to an open policy stance, the opposite of protectionism. Defined this way, ‘openness’ does not, unfortunately, guarantee growth, and in some circumstances ...
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Openness is not necessarily good for the poor. Reducing trade protection has not brought growth to today’s poorest countries, and open capital markets have not been good for the poorest households in emerging market economies. In this paper I present evidence on these two points. First, countries highly dependent on primary exports two decades ago, despite their substantial engagement in trade ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2006
ISSN: 1556-5068
DOI: 10.2139/ssrn.984042