Trade Liberalization and Poverty Alleviation in the Greater Mekong Subregion, Journal of GMS Development Studies, Vol. 2, pp. 1-20
Strutt, Anna; Lim, Steven | October 2005
Abstract
International trade liberalization is likely to have a significant impact on the poor of the Greater Mekong Subregion (GMS). In this paper we analyze some of the opportunities and challenges of trade liberalization for poverty alleviation in the GMS. We outline the nature of poverty in the GMS and then use a global trade model to simulate the effects of trade reform. Our findings suggest that there are some significant potential gains for the subregion. However, while some sectors will grow significantly with reform, others will grow less and may even contract. The implications for poverty will depend in part on the extent to which the poor can adjust to the changing economic environment. International trade reform will need to be supported by appropriate domestic policies with an emphasis on reforming the rural sector
Citation
Strutt, Anna; Lim, Steven. 2005. Trade Liberalization and Poverty Alleviation in the Greater Mekong Subregion, Journal of GMS Development Studies, Vol. 2, pp. 1-20. © Asian Development Bank. http://hdl.handle.net/11540/1737. License: CC BY 3.0 IGO.Citable URI
http://hdl.handle.net/11540/1737Metadata
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