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Trade Liberalization and the Budget Deficit.

Abstract:

The reluctance of many developing country governments to liberalize their trade regimes is partly due to fears that this will exacerbate their fiscal difficulties. This paper examines the relationship between trade liberalization and the budget deficit, relating some popular but incomplete approaches (such as analysis of the foreign exchange budget) to a more comprehensive approach using an applied general equilibrium model. The argument is illustrated using data from Kenya, as well as a numb...

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Journal:
Journal of Policy Modeling More from this journal
Volume:
21
Publication date:
1999-01-01
Language:
English
UUID:
uuid:8d9cae4a-76a5-4d68-8dcd-fb55d6abde8e
Local pid:
oai:economics.ouls.ox.ac.uk:11031
Deposit date:
2011-08-16

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