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Pathways from Preferential Trade - The Politics of Trade Adjustment in Africa, the Caribbean and Pacific (Hardcover)
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Pathways from Preferential Trade - The Politics of Trade Adjustment in Africa, the Caribbean and Pacific (Hardcover)
Series: International Political Economy Series
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While the liberalization of trade has entailed adjustment costs for
both large and small developing countries and LDCs, preference
erosion is particularly onerous for small states. Tony Heron
investigates the political and economic consequences and, more
particularly, policy responses to the erosion of non-reciprocal
preferences caused by the liberalization of trade. Although
preference erosion is nothing new, what is striking at the current
juncture is the degree to which preference erosion is now dominated
by a policy consensus that sees the process as not only unavoidable
but also desirable. He seeks not such much to challenge this
viewpoint as to explore its political implications by looking at
the actual experience of individual countries and regions making
the transition from preferential to reciprocal free trade.
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