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Free trade and prosperity : how openness helps developing countries grow richer and combat poverty

By: Panagariya,Arvind.
Publisher: New Delhi Oxford University Press 2019Description: xi,362p.ISBN: 9780190050665.Subject(s): Economic development -- Liberalism--Economic aspects -- Economic policy -- Developing countriesDDC classification: 382.71091724 Summary: Arguments for protection and against free trade have seen a revival in developed countries such as the United States and Great Britain as well as developing countries such as India. Given the clear benefits trade openness has brought everywhere, this is a surprising development. The benefits of free trade are especially great for emerging market economies. Free Trade and Prosperity offers the first full-scale defence of pro-free-trade policies with developing countries at its centre. Arvind Panagariya, a professor at Columbia University and former top economic advisor to the government of India, supplies a historically informed analysis of many longstanding but flawed arguments for protection. He starts with an insightful overview of the positive case for free trade, and then closely
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Arguments for protection and against free trade have seen a revival in developed countries such as the United States and Great Britain as well as developing countries such as India. Given the clear benefits trade openness has brought everywhere, this is a surprising development. The benefits of free trade are especially great for emerging market economies. Free Trade and Prosperity offers the first full-scale defence of pro-free-trade policies with developing countries at its centre. Arvind Panagariya, a professor at Columbia University and former top economic advisor to the government of India, supplies a historically informed analysis of many longstanding but flawed arguments for protection. He starts with an insightful overview of the positive case for free trade, and then closely

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