Abstract
It has been argued that developing countries should liberalise their trade regimes in order to expand production and exports of manufactured goods and consequently enhance their economic development.2 While there is no general agreement on the details of trade liberalisation measures, their main elements can be identified as: the removal or conversion to tariffs of import quotas, import licensing and other quantitative restrictions; the reduction of the level and the variability of import tariffs rates and compensatory devaluation of the local currency.
The author is a member of UNCTAD Secretariat. The views expressed in this article are those of the author and do not necessarily reflect the views of the UNCTAD Secretariat. The author has benefited from substantial ideas and comments provided by B. L. Das and from comments by Professor H. W. Singer, D. Evans and T. Ganiatsos. The author is, however, responsible for any remaining errors. This article is a part of a longer study being prepared by UNCTAD.
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© 1991 Development Studies Association
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Shafaeddin, S.M. (1991). Trade Policies and Economic Performance of Developing Countries in the 1980s. In: Prendergast, R., Singer, H.W. (eds) Development Perspectives for the 1990s. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-21630-7_5
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DOI: https://doi.org/10.1007/978-1-349-21630-7_5
Publisher Name: Palgrave Macmillan, London
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