INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
This research paper explores the nexus between international trade policies and economic growth, focusing on case studies from developing economies. Through an analysis of trade policies and economic indicators, the paper examines the impact of tariff and non-tariff measures, participation in trade agreements, and regional integration initiatives on economic development. Case studies from countries such as South Korea, Kenya, and Peru provide insights into the diverse approaches to trade policy formulation and implementation. Findings reveal that countries embracing open and liberal trade policies tend to experience higher levels of economic growth, driven by export-oriented industries and increased market access. However, challenges such as infrastructure deficiencies, institutional weaknesses, and income inequality persist, underscoring the need for targeted policy interventions to ensure inclusive growth. The paper concludes with policy recommendations aimed at promoting trade facilitation, infrastructure development, and inclusive growth strategies to maximize the benefits of international trade for developing economies.
Keywords:
International trade policies, Economic growth, Developing economies, Tariffs, Non-tariff measures, Trade agreements, regional integration, Case studies, Policy recommendations.
Cite Article:
"International Trade Policies and Economic Growth: Case Studies from Developing Economies ", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.3, Issue 4, page no.166-174, April-2018, Available :http://www.ijnrd.org/papers/IJNRD1804031.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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