📅 31 March 2024
DOI: 10.70062/globaleconomics.v1i1.44
The Impact of Trade Liberalization on Income Inequality in Developing Economies
International Journal of Economic, Social and Development Sciences
International Forum of Researchers and Lecturers (IFREL)
📄 Abstract
This article investigates the relationship between trade liberalization and income inequality in developing economies. Using empirical data from a range of countries that have undergone significant trade policy reforms, the study examines how opening markets to global trade influences income distribution. It finds that while trade liberalization often leads to overall economic growth, it can also exacerbate income inequality within countries. The paper argues that the design of trade policies should account for redistributive mechanisms to mitigate the adverse effects on vulnerable populations.
🔖 Keywords
#Income Inequality; Global Trade; Economic Growth; Policy Design; Redistribution
ℹ️ Informasi Publikasi
Tanggal Publikasi
31 March 2024
Volume / Nomor / Tahun
Volume 1, Nomor 1, Tahun 2024
📝 HOW TO CITE
Septa Atmoko Purmanajati; Muhammad Bagas Saputra; Dwiki Fadli Ade Novianto, "The Impact of Trade Liberalization on Income Inequality in Developing Economies," International Journal of Economic, Social and Development Sciences, vol. 1, no. 1, Mar. 2024.
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