TY - BOOK AU - Panagariya,Arvind TI - Free trade and prosperity: how openness helps developing countries grow richer and combat poverty SN - 9780190914493 (hbk.) AV - HF2580.9 .P36 2019 PY - 2019/// CY - New York PB - Oxford University Press KW - Free trade KW - Developing countries KW - Economic development N1 - 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 ER -