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Book synopsis

While the liberalization of trade has entailed adjustment costs for both large and small developing countries and LDCs, preference erosion is particularly onerous for small states. Tony Heron investigates the political and economic consequences and, more particularly, policy responses to the erosion of non-reciprocal preferences caused by the liberalization of trade. Although preference erosion is nothing new, what is striking at the current juncture is the degree to which preference erosion is now dominated by a policy consensus that sees the process as not only unavoidable but also desirable. He seeks not such much to challenge this viewpoint as to explore its political implications by looking at the actual experience of individual countries and regions making the transition from preferential to reciprocal free trade.

Book details

Book category Books in English Reference, information & interdisciplinary subjects Interdisciplinary studies Development studies

• Full title: Pathways from Preferential Trade
• Author: Tony Heron
• Language: English
• Binding: Hardback
• Number of pages: 162
• EAN: 9781137307910
• ISBN: 1137307919
• ID: 02096034
• Publisher: PALGRAVE MACMILLAN
• Weight: 336 g
• Dimensions: 223 × 139 × 15 mm
• Date of publishing: 16. October 2013

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