Strategic Trade Policy: an Option for Developing Countries?

Download or read book Strategic Trade Policy: an Option for Developing Countries? written by Leonor von Limburg and published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften. This book was released on 2002 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do developing countries have anything to learn from the «Strategic Trade Policy» debate? What lessons can they derive out of controversial models leading to constrasting perspectives about the impact of trade upon growth? This book addresses such questions by offering a critical review of the main developments of trade theory, concentrating on the implications of imperfect competition and increasing returns to scale in the analysis of trade. It also discusses the trade-growth relationship in the light of endogenous growth theories and explores the existence of a case for developing countries engaging in trade promotion of knowledge generating sectors. An account of the experiences with different trade regimes of various East Asian and Latin American countries and CGE-simulations of the effects of targeted trade promotion policies in Venezuela complement the analysis.