Trade Policy as an Input to Development
探讨发展中国家选择的商业政策如何影响其经济增长率,指出贸易理论指导不足,但实证证据显示两者存在重要联系,并提出了若干假说。
My topic is the question: what difference does the set of commercial policies chosen by a developing country make to its rate of economic growth? Three points are salient. First, in its present state, trade theory provides little guidance as to the role of trade policy and trade strategy in promoting growth. Second, the empirical evidence overwhelmingly indicates that there are important links between them. Third, a number of hypotheses as to the reasons for these links have been put forward, but there is not as yet sufficient evidence to enable us to estimate their relative importance.