Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
989217 | World Development | 2011 | 14 Pages |
Abstract
SummaryThis work focuses on the welfare costs of exposure to shocks and uncertainty linked to trade openness—a prominent issue in international debate. It contributes by presenting a comprehensive review of the literature on the “destabilizing effects” of trade openness, drawing together studies in different fields. It provides a conceptualization of vulnerability and three promising lines of reasoning (macro, micro, and meso) for future research on the link between trade and vulnerability.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Pierluigi Montalbano,