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Trade Policy and Global Poverty by William R Cline; Institute for International Economics (U.S.); Center for Global Development is a book available to read on EtoBox.

What is Trade Policy and Global Poverty about?

<p>The stakes of the poor in trade policy are large: Free trade can help 500 million people escape poverty and inject $200 billion annually into the economies of developing countries, according to author William R. Cline. This book provides a comprehensive analysis of the potential for trade liberalization to spur growth and reduce poverty in developing countries.<br></p><p>It quantifies the impact on global poverty of industrial-country liberalization, as well as liberalization by the developing countries. Half or more of the annual gains from trade would come from the removal of industrial-country protection against developing-country exports. By removing their trade barriers, industrial countries could convey economic benefits to developing countries worth about twice the amount of their annual development assistance. By helping developing countries grow through trade, moreover, industrial countries could lower costs to consumers for imports and realize other economic efficiencies. The study estimates that free trade could reduce the number of people earning less than $2 per day by about 500 million over 15 years. This would cut the world poverty level by 25 percent. Cline judge

Author
William R Cline; Institute for International Economics (U.S.); Center for Global Development
Publisher
Peterson Institute for International Economics
Published
2004
Language
EN
ISBN
9781281397157
Subjects
Economics, Political Science, Science

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