CEPR Seminar 5: Trade - What Are the Gains and Who Gets Them
53:16
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3 years ago
CEPR Economics Seminar Series:
Basic Economics for Policy Analysis & Self Defense
***
Trade - What Are the Gains and Who Gets Them
***
Standard economic analysis shows that efficiency gains from trade liberalization are much smaller than most people have been led to believe; at the same time developing countries make costly concessions for this trade, and within the U.S. there has been an upward redistribution of income resulting from trade policy. This session looks at who gains and loses from trade policy and how, including:
l The high cost of protectionism - in professional services, intellectual property and other areas where government interventions that redistribute income upward; and
2 The trade deficit and the overvalued dollar.
***
See Dr. Weisbrot's PowerPoint presentation here:
http://www.cepr.net/seminars/powerpoints/2005_10_13.ppt
*** See his related paper, "The Relative Impact of Trade Liberalization on Developing Countries," here:
http://cepr.net/publications/trade_2002_06_12.htmCEPR Economics Seminar Series:
Basic Economics for Policy Analysis & Self Defense
***
Trade - What Are the Gains and Who Gets Them
***
...all »CEPR Economics Seminar Series:
Basic Economics for Policy Analysis & Self Defense
***
Trade - What Are the Gains and Who Gets Them
***
Standard economic analysis shows that efficiency gains from trade liberalization are much smaller than most people have been led to believe; at the same time developing countries make costly concessions for this trade, and within the U.S. there has been an upward redistribution of income resulting from trade policy. This session looks at who gains and loses from trade policy and how, including:
l The high cost of protectionism - in professional services, intellectual property and other areas where government interventions that redistribute income upward; and
2 The trade deficit and the overvalued dollar.
***
See Dr. Weisbrot's PowerPoint presentation here:
http://www.cepr.net/seminars/powerpoints/2005_10_13.ppt
*** See his related paper, "The Relative Impact of Trade Liberalization on Developing Countries," here:
http://cepr.net/publications/trade_2002_06_12.htm«
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