Is trade good for development? The elusive question

Ano: 2016 | Volume: 10 | Número: 2

Autores: Schor, Adriana

Palavras-chave: International trade; development; growth; liberalization; exports

Resumo Inglês:

This review presents the research paths taken in recent decades in the attempt to identify the causal relationship between international trade and development. It argues that this is a highly empirical issue which the traditional, multi-country studies have not been successful in unraveling. The academic literature found fertile ground in which to question the channels by which trade may affect development and give rise to research with more specific themes. The result is an enormous and diverse range of studies. Some of these lines of research, referencing important texts in the literature, are presented herein.