IMF Economic Review

, Volume 67, Issue 1, pp 4–23 | Cite as

Trade Policy and the Macroeconomy

  • Barry EichengreenEmail author
Keynote Address


This Mundell-Fleming Lecture focuses on the connections between trade policy and the macroeconomy. Part I considers the evidence on tariffs and growth from an historic vantage point. Part 2 then reviews what we know about trade policy and macroeconomic fluctuations. Although the first part is about growth and the second part is about fluctuations, similar issues and policy implications arise in the two contexts.

JEL Classification

F13 F30 


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Copyright information

© International Monetary Fund 2018

Authors and Affiliations

  1. 1.Economics and Political ScienceUniversity of CaliforniaBerkeleyUSA

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