Week # 16-17: Trade and its impacts on local economy
- Role of foreign borrowing and dual gap analysis
- Models of capital imports and growth
- Types of international capital flows
- Motives and critics of aid
- Macroeconomic impact of aid
- Flows of resources and aid component
- Recipients of official assistance and aid tying
- Gains from trade: static and dynamic
- Customs unions and free trade areas
- Free trade enthusiasm in modern era
- Measurement and process of trade liberalisation
- Models of export-led growth: what you export matters
- Trade liberalisation and export growth
- Trade liberalisation, imports and balance of payments
- Trade liberalisation and economic performance
- Trade liberalisation, poverty and domestic inequality
- Trade liberalisation and international inequality
- Disadvantages of free trade for development