When is Trade Good for the Poor? Evidence from Recent Literature

Mamoon, Dawood (2017): When is Trade Good for the Poor? Evidence from Recent Literature.

Abstract

The paper reviews recent literature that tries to find the relationship of trade with economic growth, poverty and inequality. The analysis suggests that trade may be good for the poor but if it leads to inequality especially in industrial wages, it may be detrimental to sustainable economic development. A valid strategy to make trade good for growth and the poor is to invest in education at all levels. A gender sensitive education policy may go a long way in sowing the seeds of better economic management.

• Item Type: MPRA Paper
• Language: English
• Keywords: Trade, Poverty, Inequality
• Subjects: F - International Economics > F1 - Trade > F15 - Economic Integration

References

Mamoon, D. ‘Formulating Effective Higher Education Policies under Millennium Development Goals,’ Journal of Educational Planning and Administration , 2007, 21(2), 93-106

Mamoon, D. ‘Which Institutions are more Relevant than Others in Inequality Mitigation?’ the Pakistan Development Review, 2006, 45(4), 893-911

Mamoon D. and M. Murhsed, ‘When Education explains Strong Institutions: Trade Policy Matters’, Social Research Indicators, Springer, 2017, 131(3), pp. 1179-1210

Mamoon, D. & S. M. Murshed ‘Education Bias of Trade Liberalisation and Wage Inequality in Developing Countries’, Journal of International Trade and Economic Development, Routledge Press, Taylor and Francis Journals, 2013, 22(4), pp.572-604

Rodrik, D., A. Subramanian and F. Trebbi, “Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development,” Journal of Economic Growth, Vol. 9, No. 2, 2004, pp. 131-165