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Limits of trade policy reform in developing countries.

Rodrik, Dani

Limits of trade policy reform in developing countries. - 1992

Points out that developing countries are moving away from import-substitution to trade liberalization. However, trade reform is now raising new issues, including its sustainability, its role in the context of macroeconomic instability, and its consequences in the imperfectly competitive market environments that characterise the developing economies.










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