Agricultural Trade Liberalisation and Economic Growth in Developing Countries: Analysis of Distributional Consequences
The article analyses the impact of agricultural trade liberalisation on economic growth as well as on the welfare of rural livelihoods in developing countries through technological transformation in the agricultural sector. The article, based on existing literature, considers the background and reasons for the policy shift in developing economies away from agricultural protection and toward trade liberalisation. It attempts to shed light on the debate over the distributional consequences resulting from trade liberalisation.