When is trade good for the poor? Evidence from recent literature

Dawood MAMOON

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


Trade; Poverty; Inequality.

Full Text:


References


Mamoon, D. (2007). Formulating effective higher education policies under millennium development goals. Journal of Educational Planning and Administration, 21(2), 93-106.

Mamoon, D. (2006). Which institutions are more relevant than others in Iiequality mitigation? The Pakistan Development Review, 45(4), 893-911.

Mamoon D. & Murhsed, M. (2017). When education explains strong institutions: Trade policy matters. Social Research Indicators, 131(3), 1179-1210. doi. 10.1007/s11205-016-1285-6

Mamoon, D. & Murshed, S.M. (2013). Education bias of trade liberalisation and wage inequality in developing countries. Journal of International Trade and Economic Development, 22(4), 572-604. doi. 10.1080/09638199.2011.589532

Rodrik, D., Subramanian, A., & Trebbi, F. (2004). Institutions rule: The primacy of institutions over geography and integration in economic development. Journal of Economic Growth, 9(2), 131-165. doi. 10.1023/B:JOEG.0000031425.72248.85




DOI: http://dx.doi.org/10.1453/jeb.v5i1.1494

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