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SouthSouth Trade and Finance in the Twenty-First Century

Author : Omar Dahi
Publisher : Anthem Press
Page : 255 pages
File Size : 39,57 MB
Release : 2016-10-10
Category : Political Science
ISBN : 1783085878

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This book is a contribution to the international trade and economic development literature and is based on a decade of joint research and collaboration on South–South economic relations. Given the increasing focus on the economic power of some developing countries, for example the 2013 Human Development Report’s “Rise of the South”, it is particularly appropriate and timely. [NP] The book’s findings are based on rigorous empirical examination of South–South trade and finance and it provides an even-handed assessment from the perspective of long-term development goals rather than mainstream welfare approaches or ideological/theoretical worldview. [NP] This work directly engages with the ‘new developmentalism’ literature that has challenged the neoliberal orthodoxy and its policy approach, which focuses on liberalization, privatization, and deregulation. It also engages with literature by examining whether the increase in South–South trade facilitates or inhibits the possibilities for developmentalist economic policy in developing countries. The book shows concrete and positive results from South–South trade particularly related to industrial development and also documents how South–South trade is dominated by large developing countries and that South–South trade liberalization may be counterproductive.

A South-South Survival Strategy

Author : Marco Fugazza
Publisher :
Page : 31 pages
File Size : 34,47 MB
Release : 2008
Category :
ISBN :

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Trade between developing countries, or South-South trade, has been growing rapidly in recent years following significant reductions in tariff barriers. However, significant barriers remain, and there is currently reluctance in many developing countries to undertake further reductions, with a preference instead for focusing on opening up access to developed country markets, or maintaining the status quo given that multilateral liberalization may result in the erosion of preferential access enjoyed by some developing countries.This emphasis on Northern markets represents a missed opportunity for developing countries. To assess this we compare the potential effects of the removal of barriers on South-South trade with the gains from developed country liberalization and from regional free trade areas within Africa, Asia and Latin America. A general equilibrium model, GTAP, containing information on preferential bilateral tariffs, is used to estimate the impacts. The results indicate that the opening up of Northern markets would provide annual welfare gains to developing countries of $22 billion. However, the removal of South-South barriers has the potential to generate gains 60 per cent larger. By contrast, the potential gains from further regional agreements on a continental basis are limited in Africa and Asia, although scope remains in Latin America. The results imply that giving greater emphasis to removing barriers between as well as within continents could prove a successful Southern survival strategy.

Trade Liberalization

Author : Romain Wacziarg
Publisher : Edward Elgar Publishing
Page : 0 pages
File Size : 28,73 MB
Release : 2018
Category : Free trade
ISBN : 9781788111492

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This compelling two-volume collection presents the major literary contributions to the economic analysis of the consequences of trade liberalization on growth, productivity, labor market outcomes and economic inequality. Examining the classical theories that stress gains from trade stemming from comparative advantage, the selection also comprises more recent theories of imperfect competition, where any potential gains from trade can stem from competitive effects or the international transmission of knowledge. Empirical contributions provide evidence regarding the explanatory power of these various theories, including work on the effects of trade openness on economic growth, wages, and income inequality, as well as evidence on the effects of trade on firm productivity, entry and exit. Prefaced by an original introduction from the editor, the collection will to be an invaluable research resource for academics, practitioners and those drawn to this fascinating topic.

Enhancing South-South Trade

Author : South Centre
Publisher : Centre
Page : 104 pages
File Size : 11,21 MB
Release : 1996
Category : Developing countries
ISBN :

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Policy-oriented study prepared for the Non-Aligned Movement (NAM) as a contribution to the Economic Agenda for Priority Action 1992-1995, and made available for the Eleventh NAM summit, Cartagena, Colombia, 18-20 Oct 1995.

South-south Trade in Global Development

Author : Elizabeth Parsan
Publisher :
Page : 216 pages
File Size : 26,54 MB
Release : 1993
Category : Business & Economics
ISBN :

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This study undertakes a comprehensive evaluation of the major issues involved in a strategy of South-South trade, and demonstrates the actual potential and problems of such trade through a case study of Brazil-Trinidad and Tobago trade in the petrochemicals sector. It argues that in general that there is great potential for South-South trade in both goods and services, but its realization will require the implementation of certain policy measures such as the removal of trade policy barriers and financial constraints. Likely future declines in traditional trading opportunities with the North plus the special developmental gains to be derived from South-South trade should provide incentives for such policy changes. However, the relative importance which a country may attach to a South-South trade strategy will depend upon its specific conditions and features. In view of the growing interdependence of the world economy, an appropriate mix of policies which includes both South-South and South-North trade is crucially important for the future development of the South.

South-South Trade and Development

Author : Thyge Enevoldsen
Publisher : Springer
Page : 279 pages
File Size : 32,90 MB
Release : 2016-07-27
Category : Business & Economics
ISBN : 1349225622

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The book gives a thorough analysis of South-South trade in a theoretical and political framework. The development of South-South trade in manufactured goods since the 1960s is treated in detail. Problems and potentials of South-South trade in a development context are highlighted through a number of case-studies: the South-South export of manufactured goods from Togo, Nicaragua and Malaysia, Zimbabwe's export of manufactures to Zambia, and India's export of capital goods to Tanzania. This leads to an assessment of the possible future role of South-South trade in furthering Third-World development.