Making Trade Policy Work for the Poor: Shifting From Dogma to Detail

66 Pages Posted: 15 Nov 2006  

Howard Nye

University of Michigan at Ann Arbor

Sanjay G. Reddy

The New School - Department of Economics; Initiative for Policy Dialogue (IPD)

Date Written: August 2002

Abstract

We review the relationship between trade and poverty in less developed countries, surveying both relevant economic theory and empirical evidence. We conclude that, while there certainly are circumstances under which greater trade openness can lead to poverty reduction, these circumstances do not always obtain. Trade liberalization will only be an effective instrument of poverty reduction under specific structural conditions. There may be more direct and effective means of attaining anti-poverty objectives.

Keywords: Trade, poverty, developing countries

JEL Classification: F10, I30, I32, J42, J43, O10, O17

Suggested Citation

Nye, Howard and Reddy, Sanjay G., Making Trade Policy Work for the Poor: Shifting From Dogma to Detail (August 2002). Available at SSRN: https://ssrn.com/abstract=944616 or http://dx.doi.org/10.2139/ssrn.944616

Howard Nye

University of Michigan at Ann Arbor ( email )

500 S. State Street
Ann Arbor, MI 48109
United States

Sanjay G. Reddy (Contact Author)

The New School - Department of Economics ( email )

Room 1116
6 East 16th Street
New York, NY 10003
United States

Initiative for Policy Dialogue (IPD) ( email )

New York, NY
United States

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