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Liberalizing Trade Between Developed and Developing Countries

  • Bela Balassa

Abstract

The world trading system is at the crossroads. Despite repeated declarations made by developed country governments of their intention to resist protectionist pressures and to roll back protection, new measures have been introduced to limit imports to the detriment of their own and their trading partners’ economies. Also, some large developing countries have responded to external shocks and the subsequent debt crisis by increasing import protection.

Keywords

Trade Policy Trade Liberalization Nontariff Barrier Tariff Reduction Multilateral Trade 
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Notes

  1. 1.
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  2. 3.
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  3. 4.
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  6. 8.
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  7. 11.
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  9. 13.
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  13. 21.
    For an early statement, see D. Robertson, ‘Fail Safe Systems for Trade Liberalization,’ Thames Essay No. 12 (London: Trade Policy Research Centre, 1977).Google Scholar
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    F. Leutwiler et al., Trade Policies for a Better Future: Proposals for Action (Geneva: GATT, 1985).Google Scholar

Copyright information

© Bela Balassa 1989

Authors and Affiliations

  • Bela Balassa
    • 1
    • 2
  1. 1.The Johns Hopkins UniversityUSA
  2. 2.The World BankUSA

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