66 Pages Posted: 15 Nov 2006
Date Written: August 2002
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: 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