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    When Does Trade Reduce Poverty? Revisiting the Evidence for East Asia

    Menon, Jayant; Melendez, Anna Cassandra | June 2020
    Abstract
    East Asia’s openness to trade is often credited as one of the main drivers behind the region’s impressive gains in economic growth and poverty reduction. In this paper, we examine the literature to determine whether there is a sound theoretical and empirical basis for this presumed relationship between trade and poverty reduction. Like many other studies on this topic, we find that the linkages are not automatic; the impact of trade on poverty is highly context-specific, and many factors come into play. Complementary policies are necessary to maximise trade’s potential impact on poverty reduction. We also explore the role of Aid-for-Trade in addressing specific trade-related capacity constraints which prevent developing countries from maximising the benefits from trade.
    Citation
    Menon, Jayant; Melendez, Anna Cassandra. 2020. When Does Trade Reduce Poverty? Revisiting the Evidence for East Asia. © ISEAS Yusof Ishak Institute. http://hdl.handle.net/11540/12166.
    Keywords
    Poverty Analysis
    Participatory Poverty Assessment
    Poverty Reduction Strategy
    Extreme Poverty
    Economic development
    Growth And Poverty
    Energy
    Free Trade
    Trade
    Trade Agreements
    Regional Economic Integration
    Intraregional Trade
    Income Distribution
    Demographic Indicators
    Social Justice
    Exports
    Economic integration
    Distribution
    Development Bank
    Trade policy
    Social change
    Social accounting
    Inequality of income
    Economic growth
    Quality of Life
    Euro
    Inflation
    Business
    Finance
    Free trade
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    Citable URI
    http://hdl.handle.net/11540/12166
    Metadata
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    ISEAS_EWP_2020-4_Menon_and_Melendez.pdf (582.7Kb)
    Author
    Menon, Jayant
    Melendez, Anna Cassandra
    Theme
    Poverty
    Trade
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise