Free trade and prosperity : how openness helps developing countries grow richer and combat poverty /
Free trade & prosperity
Arvind Panagariya.
- New York : Oxford University Press, c2019.
- xiv, 362 p. : ill.
Includes bibliographical references (p. 345-354) and index.
1. Setting the stage -- Part I Why free trade matters -- 2. The positive case for trade openness -- 3. The mirage of infant industry protection -- 4. Other common arguments for protection -- Part II Trade, growth, poverty, and inequality -- 5.Trade openness, growth, and poverty: exposing the critics' specious arguments -- 6.Trade openness and growth: the empirical evidence -- 7.Trade openness and poverty: the empirical evidence -- 8. Trade openness and inequality -- Part III Miracles of yesteryear -- 9. The uncontroversial case of Hong Kong and Singapore -- 10. Taiwan: an early triumph of outward orientation -- 11. South Korea: from basket case to upper middle income -- Part IV Miracles of today -- 12. India: from near autarky to near free trade -- 13. China: from isolation to global dominance -- 14. Other success stories in Asia, Africa, and Latin America -- 15. In conclusion.