While the long-term gains from liberalization are generally
accepted, liberalizing economies are, nevertheless, likely to face
short to medium term adjustment costs. Yet most developing
countries do not have well-developed social safety nets to address
these problems. This book gauges the possible development
implications of the current WTO trade negotiations by examining the
various proposals and assessing their likely economic impact. Eight
country studies examine the experiences of a number of countries at
different levels of development and across various regions to
ascertain the impact of their trade reforms and the factors
contributing to the outcomes.
General
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