Citation:
Cooper, Richard N. 1995. “Is Growth in Developing Countries Beneficial to Developed Countries?”. Copy at http://www.tinyurl.com/yyfbdt7t
Date Published:
Jan 1, 1995Abstract:
Growth in developing countries, particularly that brought about through trade liberalization, will affect developed countries in many ways, mostly to their benefit. Trade liberalization will directly increase incomes in developed countries. It will also cause some dislocation, but that will be small relative to the numerous other distrubances to modern economies, and can be handled at relatively low cost when the required adjustments are phased in over time.
Notes:
Working Paper 95–09, Weatherhead Center for International Affairs, Harvard University, 1995.