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Trade Liberalization and Economic Development

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Abstract

The central objective of this chapter is to direct attention to the employment and income distribution effects both between and within developing countries of trade liberalization measures in international negotiations. This aim involves a departure from the usual analysis of trade policy changes in terms of export and import values or volumes only, and towards selectivity according to local effects within the developing world. Within the overall objective particular attention is focused on the potential benefits of trade liberalization for:

  1. (a)

    the poorer developing countries;

  2. (b)

    the poorer groups within all developing countries, and specifically the present unemployed through additional employment creation.

From ‘Trade Liberalization, Employment and Income Distribution—a First Approach’ by H. W. Singer, with Richard Blackburn, Frank Ellis, Peter Hadji-Ristic, Angus Hone, Percy Selwyn, Nick Stamp, Richard Stanton, Ann Zammit. Institute of Development Studies Discussion Paper No. 31, Oct 1973.

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Notes

  1. Robin Marris, ‘Can we measure the need for development assistance?’, Economic Journal, Sep 1970;

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  2. Thomas Weisskopf, ‘The impact of foreign capital inflow on domestic savings in underdeveloped countries’, Journal of International Economics, Feb 1972.

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  3. Kaj Areskong, ‘Foreign Capital Utilization and Economic Policies in Developing Countries’, Review of Economics and Statistics, May 1973, pp. 182–9.

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  4. William Tyler, ‘Employment Generation and the Promotion of Manufactured Exports in Less Developed Countries: Some Suggestive Evidence’. (Papers prepared for the Kiel Conference, ‘Problems of the International Division of Labour’, July 1973.)

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  5. See, for instance, Tracy Murray, ‘How Helpful is the Generalized System of Preferences to Developing Countries?’, Economic journal, June’ 1973.

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  6. Peter Tulloch, ‘Agricultural Trade and the Enlarged European Community’, ODI Review 6, London 1973.

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© 1975 H. W. Singer

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Singer, H.W. (1975). Trade Liberalization and Economic Development. In: The Strategy of International Development. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-04228-9_6

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