TY - JOUR
T1 - International trade as a source of economic growth
T2 - Trade barriers and institutions
AU - Roe, Terry
PY - 2007
Y1 - 2007
N2 - Trade barriers, erected by advanced countries to the agricultural exports from poor countries, are a greater barrier to economic growth and development than is commonly recognised. It is shown that agricultural policies in advanced countries are a major barrier to agricultural exports from poor countries, and particularly so for countries in sub-Saharan Africa (SSA). The major effect on growth is that these barriers inhibit institutional reform. An empirical analysis of economic growth shows that sub-Saharan economies can repeat potential gains from increased trade that are larger when such integration induces institutional reform. Policy makers in advanced countries should thus recognise that reform in advanced countries is about special interests; in poor countries it is about development.
AB - Trade barriers, erected by advanced countries to the agricultural exports from poor countries, are a greater barrier to economic growth and development than is commonly recognised. It is shown that agricultural policies in advanced countries are a major barrier to agricultural exports from poor countries, and particularly so for countries in sub-Saharan Africa (SSA). The major effect on growth is that these barriers inhibit institutional reform. An empirical analysis of economic growth shows that sub-Saharan economies can repeat potential gains from increased trade that are larger when such integration induces institutional reform. Policy makers in advanced countries should thus recognise that reform in advanced countries is about special interests; in poor countries it is about development.
KW - Agricultural trade liberalisation
KW - Economic growth
KW - Institutional reform
UR - http://www.scopus.com/inward/record.url?scp=34247106345&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=34247106345&partnerID=8YFLogxK
U2 - 10.1504/IJARGE.2007.012708
DO - 10.1504/IJARGE.2007.012708
M3 - Review article
AN - SCOPUS:34247106345
SN - 1462-4605
VL - 6
SP - 277
EP - 291
JO - International Journal of Agricultural Resources, Governance and Ecology
JF - International Journal of Agricultural Resources, Governance and Ecology
IS - 2
ER -