Empirical work relating trade liberalization and income distribution has identified an important anomaly. The Stolper-Samuelson theorem predicts that trade liberalization will shift income toward a country’s abundant factor. For developing countries, this suggests liberalization will principally benefit the abundant unskilled labor. Yet extensive empirical studies have identified many cases wit...

In the 1980s, Turkey initiated a liberalization and deregulation movement to introduce competition to its domestic markets and to transform the Turkish economy from an import substituting economy to export-based one. The aim was to institutionalize economic change through transition to the economic institutions of capitalism. However, the traditional institutional structure had resisted the pro...

We explore the consequences of liberalized credit markets for growth and inequality in a lifecycle economy with physical and human capital accumulation, populated by households of different abilities, and calibrated to match the longrun economic performance of a panel of emerging countries. Relatively modest improvements in extending credit to the ablest households appear to have large economic...

BACKGROUND Trade liberalization is promoted by the World Trade Organization (WTO) through a complex architecture of binding trade agreements. This type of trade, however, has the potential to modify the upstream and proximate determinants of tuberculosis (TB) infection. We aimed to analyse the association between trade liberalization and TB incidence in 22 high-burden TB countries between 1990 ...

The link between trade liberalization and poverty reduction has played a crucial role on economic policy in developing and least developed countries, particularly in sub-Saharan Africa. Academic research shows a remarkable lack of consensus and no clear effects in the direction of these linkages. This study presents an overview of the impact of trade liberalization on poverty in Sub-Saharan Afr...

Small and medium-sized enterprises (SMEs) play a very important role in enhancing economic development in Laos. However, SMEs in Laos are small and lack competitiveness. The inflow of foreign direct investment (FDI) and trade liberalization in Laos bring opportunities and challenges for SMEs in Laos. Moreover, issues of SMEs and assessment of SMEs promotion policy are not well understood for la...

this paper explores the effects of general and agricultural trade openness on economic freedom and alongside with the quality of institutions, on income and poverty. recent cross-country data for over 200 nations in global regions were used to estimate equations for income, poverty and economic freedom. economic freedom appears to have positive impacts on income levels, which together with good...