Openness Can Be Good for Growth: The Role of Policy Complementarities

Openness Can Be Good for Growth: The Role of Policy Complementarities

This paper studies how the effect of trade openness on economic growth may depend on complementary reforms that help a country take advantage of international competition. This issue is illustrated with a simple Harris-Todaro model where welfare gains after trade openness depend on the degree of lab...

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Bibliographic Details
Main Authors: Chang, Roberto, Kaltani, Linda, Loayza, Norman V.
Format: Journal Article
Language:EN
Published: 2012
Subjects:
International Economic Order F020
Trade Policy
International Trade Organizations F130
Economic Growth of Open Economies F430
International Linkages to Development
Role of International Organizations O190
Measurement of Economic Growth
Aggregate Productivity
Cross-Country Output Convergence O470
Online Access:http://hdl.handle.net/10986/5507

Internet

http://hdl.handle.net/10986/5507

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