Free Trade and Prosperity - How Openness Helps Developing Countries Grow Richer Combat Poverty

List of contents

• Chapter 1 - Setting the Stage


• Part I - Questioning the Protectionists' Arguments


• Chapter 2 - The Mirage of Infant Industry Protection


• Chapter 3 - Other Common Arguments for Protection


• Chapter 4 - The Positive Case for Trade Openness


• Part II - Trade, Growth, Poverty and Inequality


• Chapter 5 - Trade Openness and Growth: Exposing the Critics' Specious Arguments


• Chapter 6 - Trade Openness and Sustained Rapid Growth: Miracles and Debacles


• Chapter 7 - Trade Openness and Poverty: Exposing the Critics' Specious Arguments


• Chapter 8 - Trade Openness and Poverty: The Empirical Evidence


• Chapter 9 - Trade Openness and Inequality


• Part III - Miracles of Yesteryear


• Chapter 10 - The Uncontroversial Cases of Hong Kong and Singapore


• Chapter 11 - Taiwan: An Early Triumph of Outward Orientation


• Chapter 12 - South Korea: From Basket Case to Middle Income


• Part IV - Miracles of Today


• Chapter 13 - India: From Near Autarky to Near Free Trade

About the author

Arvind Panagariya is Professor of Economics and the Jagdish Bhagwati Professor of Indian Political Economy at Columbia University. From January 2015 to August 2017, he served as the first Vice Chairman of the NITI Aayog, Government of India in the rank of a Cabinet Minister. Previously he was Chief Economist of the Asian Development Bank. He is the author of India: The Emerging Giant (2008, OUP) and his columns have appeared in the Financial Times, Wall Street Journal and India Today.

Summary

This volume offers a rousing defense of pro-free-trade policies and their benefits for developing countries. Through cross-country evidence and detailed case studies, Arvind Panagariya demonstrates the need for trade openness for sustained growth and poverty alleviation.

Product details

• Authors: Arvind Panagariya, Arvind (Professor of Economics and the Panagariya, Panagariya Arvind
• Publisher: Oxford University Press
• Languages: English
• Product format: Hardback
• Released: 06.06.2019
• EAN: 9780190914493
• ISBN: 978-0-19-091449-3
• No. of pages: 384
• Subjects: Social sciences, law, business > Business > Economics; BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / International / General, BUSINESS & ECONOMICS / Development / Economic Development, macroeconomics, Developing Countries, International Economics, Comparative Politics, Central / national / federal government policies, Development economics & emerging economies, Development economics and emerging economies, International Trade, Central government policies, Global South / Developing countries