Trade and Poverty in the Poor Countries
Bhagwati
Jagdish N.
author
Columbia University. Economics
Columbia University. Political Science
Srinivasan
T. N.
author
Columbia University. Economics
originator
text
Articles
2002
English
While freer trade, or "openness" in trade, is now widely regarded as economically benign, in the sense that it increases the size of the pie, the recent anti-globalization critics have suggested that it is socially malign on several dimensions, among them the question of poverty. Their contention is that trade accentuates, not ameliorates, and that it deepens, not diminishes, poverty in both the rich and the poor countries. The theoretical and empirical analysis of the impact of freer trade on poverty in the rich and in the poor countries is not symmetric, of course. We focus here only on the latter. In doing so, we distinguish between two different strands of argumentation: static and dynamic.
Economics
American Economic Review
92
2
180
183
2002-05
http://dx.doi.org/10.1257/000282802320189212
http://hdl.handle.net/10022/AC:P:14609
NNC
NNC
2012-09-05 16:57:24 -0400
2012-09-05 17:01:57 -0400
8631
eng