Work

Trade Preferenes and Industrial Export Dynamism

Year: 2008
Type: dissertation
Abstract: The 1996 Singapore Ministerial Declaration refocused attention in the international community on the idea of non-reciprocal system of trade preferences as a means of development assistance.Authors of the initiative had hoped that such policy would among others, help promote industrial exports and facilitate sustainable development in developing countries.However, this happened against the background that previous schemes could not be particularly associated with any form of sustainable export successes that were usually contemplated and expected from beneficiaries.In view of the developmental implications of this renewed focus, the imperativeness of a reconsideration of the economics of the programme cannot be overemphasized.While extant trade preference studies have made important contributions to our understanding of their effectiveness, the limited focus of research on direct impact like, static increases in exports, foreign direct investment (FDI) and employments does not seem to provide satisfactory assessment.Very often, the expected indirect or dynamic impact on productivity improvements needed to strengthen competitive capacities and make gains (export performance) sustainable is neglected.In this study an attempt is made to address this issue.The main objective of the research is therefore to analyse the relationship between nonreciprocal system of trade preferences and industrial export performance sustainability in beneficiary countries.This is accomplished by utilising a new analytical insight from the global production network literature.The advantages of this analytical departure lie not just in the fact that it allows us to accommodate the dynamic dimension of impact assessment into the study framework, but also helps reflect the concerns of globalisation advocates in the contemporary analysis of development issues.These advocates argue that research on economic development in general and industrial development in particular in the new era of global capitalism must as a matter of necessity, be informed by the literature on globalisation.
Language: English
Open Access status: green
OpenAlex ID: W2222188456
Cites: 174
Cited by: 1
Related to: 10