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Identifiers
doi
Is the Washington Consensus Dead?: Growth, Openness, and the Great Liberalization, 1970s-2000s
Taylor, Alan M. and Estevadeordal, Antoni
According to the Washington Consensus, developing countries' growth would benefit from a reduction in tariffs and other barriers to trade. But a backlash against this view now suggests that trade policies have little or no impact on growth.
Topics in this document
Economic growth
Instrumental variables estimation
Tariff
Most favoured nation
General Agreement on Tariffs and Trade
Gross domestic product
Solow–Swan model
Economics
Washington Consensus
Regression analysis
Correlation and dependence
Free trade
Productivity
Endogeneity (econometrics)
Uruguay Round
Protectionism
Economy
Causality
Macroeconomics
Difference in differences
Business cycle
Investment
Comparative advantage
Inter-American Development Bank
Ordinary least squares
World Trade Organization
Trade
Statistics
Factors of production
Great Depression
Related SDGs
SDG 8: Decent Work and Economic Growth ...
SDG 8: Decent Work and Economic Growth
Target 8.1
Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries
Citations
Cited by 10
other policy documents
(7 of them are from other policy sources)