Affiliation:
1. Department of Economics, Dartmouth College (email: )
Abstract
The decade from 1985 to 1995 will go down in history as an unprecedented period in which global trade barriers were reduced. Some trade agreements (the North American Free Trade Agreement, the European Single Market, the Uruguay Round) were prominent late in this period, but the reform wave was led by developing countries in Latin America and Asia and formerly communist countries in Eastern Europe undertaking unilateral reforms. What accounts for this remarkable shift in policy? This paper highlights the declining use of trade restrictions for balance of payments purposes and the rise in exchange rate flexibility as important factors driving the policy change.
Publisher
American Economic Association
Reference33 articles.
1. Baker, Andy. 2009. The Market and the Masses in Latin America: Policy Reform and Consumption in Liberalizing Economies. Cambridge Studies in Comparative Politics. New York: Cambridge University Press.
2. Bates, Robert H. and Anne O. Krueger. 1993. "Generalizations Arising from the Country Studies." In Political and Economic Interactions in Economic Policy Reform: Evidence from Eight Countries, edited by Robert H. Bates and Anne O. Krueger. Oxford, UK: Blackwell.
3. Estimating the effects of the container revolution on world trade
4. Biglaiser, Glen. 2002. Guardians of the Nation? Economists, Generals, and Economic Reform in Latin America. Notre Dame, IN: University of Notre Dame Press.
Cited by
4 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献