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Impact of Trade Openness on Economic Growth in Emerging Markets: Regional and Developmental Comparison

Year: 2024

Type: article

Abstract: This study examines how trade openness impacts economic development in 20 emerging markets from 2000 to 2020. It compares countries based on trade policies, levels of openness, and economic growth outcomes. The research highlights regional differences, with Asian economies showing better results than many in Africa and Latin America. The findings suggest that trade openness can drive development when supported by strong institutions and policies tailored to each country's needs.

Source: Iqtisodiy taraqqiyot va tahlil

DOI: 10.60078/2992-877x-2024-vol2-iss12-pp138-146

Author: Akobir Norkobilov

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W4406282855

FWCI:

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