Looking Beyond Averages in the Trade and Poverty Debate
By M. Ravallion. 2004
214 citations recorded by the source corpus.
There has been much debate about how much poor people in developing countries gain from trade openness, as one aspect of “globalization.” The paper views the issue through both “macro” and “micro” empirical lenses. The macro lens uses cross-country comparisons and aggregate time series data; the micro lens uses household-level data combined with structural modeling of the impacts of specific trade reforms. Case studies are presented for China and Morocco. Both the macro and micro approaches cast doubt on some widely heard generalizations from both sides of the globalization debate. Additionally the micro lens indicates considerable heterogeneity in the welfare impacts of trade openness, with both gainers and losers among the poor. A number of covariates of the individual gains are identified. The results point to the importance of combining trade reforms with well-designed social protection policies.
Subfields: Economics and Econometrics, Sociology and Political Science
View Paper: https://www.semanticscholar.org/paper/a87021811e3cb475534e3c4aa50f687c2f4b2fb1
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Richard Wood
- Moana S. Simas
- Edgar G. Hertwich
- M. Ravallion
- G. P. Peters
- T. Wiedmann
- Manfred Lenzen
- Robbie M. Andrew
In Sociology and Political Science
- Richard Wood
- M. Ravallion
- Moana S. Simas
- Stefan Dercon
- Stephan Klasen
- E. Thorbecke
- Shaohua Chen
- Christopher B. Barrett
Citations in the corpus
- Globalization and Poverty in Senegal: A Worst Case Scenario? (2011, unknown): “Keywords: trade, FDI, poverty, vertical coordination, modern supply chains JEL: F2, J43, O12, Q12, Q17 Corresponding author: Miet.Maertens@econ.kuleuven.be 1”
- The “Bad Labor” Footprint: Quantifying the Social Impacts of Globalization (2014, background): “At the same time, however, the globalization of production chains and the growing cross-country inequalities [27] demand a combination of local, regional and global policies to eradicate extreme poverty and inequality and to provide good work conditions and access to the market for everyone [28,29].”
- Inequality and Globalization: A Review Essay (2018, background): “The bias could well be large: Korinek, Mistiaen, and Ravallion (2006) estimate that correcting for such selective compliance adds about five percentage points to the Gini index for the United States.”
- Evaluating Anti-Poverty Programs (2005, unknown): “In another example, Galasso and Ravallion (2004) evaluated a large social protection program in Argentina, namely the Government’s Plan Jefes y Jefas, which was the main social policy response to the severe economic crisis of 2002.”