When is trade good for the poor? Evidence from recent literature
Abstract
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.
Keywords. Trade, Poverty, Inequality.
JEL. F63, I25.Keywords
References
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