Abstract
The case for liberalization and removal of protection is in some senses stronger, and in others weaker, for the developing countries. The increased efficiency of allocation to which liberalization leads should be especially important for a poor country. The directly unproductive rent-seeking activities that are encouraged by dis tort ionary protective policies waste real resources, including entrepreneurial talents, which are particularly scarce in developing countries.
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© 1988 Springer Science+Business Media Dordrecht
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Parikh, K.S., Fischer, G., Frohberg, K., Gulbrandsen, O. (1988). Trade Liberalization by Developing Countries. In: Towards Free Trade in Agriculture. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-3558-2_7
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DOI: https://doi.org/10.1007/978-94-017-3558-2_7
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-017-3560-5
Online ISBN: 978-94-017-3558-2
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