Is trade good for development? The elusive question

Abstract

This review presents the research paths taken in recent decades in the attempt to identify the causal relationship between international trade and development. It argues that this is a highly empirical issue which the traditional, multi-country studies have not been successful in unraveling. The academic literature found fertile ground in which to question the channels by which trade may affect development and give rise to research with more specific themes. The result is an enormous and diverse range of studies. Some of these lines of research, referencing important texts in the literature, are presented herein.Keywords: International trade; development; growth; liberalization; exports. Thus, the academic literature in the area has over time undergone an expansion regarding not only the volume but also the delimitation of the objects and research * http://dx

Measuring the Influence of Environmental Policy on Economic Development of the Countries: EU-28 Scope

“…According to many studies country's exports plays a leading role in economic growth of the countries and their competitiveness (Falk, 2009;Lapatinas and Litina, 2019;Mahmoodi and Mahmoodi, 2016;Rusu and Roman, 2018;Sakyi et al, 2017;Schor, 2016;Sultanuzzaman et al, 2019;Zahonogo, 2016;Zhu and Fu, 2013). Furthermore, country's export is considered among globalization indicators.…”