Experiences of Trade Liberalization in Developing Countries

Authors

  • Aleksander Nikolayevich Zelenuk Moscow State Institute of International Relations (University) MFA Russia
  • Leonid Vladimirovich Sabelnikov Russian Market Research Institute (VNIKI)
  • Aleksander Ivanovich Belchuk Russian Foreign Trade Academy

DOI:

https://doi.org/10.24412.2072-8042-2021-2-50-56

Keywords:

foreign trade liberalization, economic development, trade policy, import, export, developing countries

Abstract

In the article, the authors consider the positive impact of trade liberalization on economic growth. They emphasize that despite the positive aspect of such influence, some negative effects can be observed in some countries. The empirical evidence from 8 developing countries, for which statistics were collected, supports the theoretical analysis. Despite the achieved economic growth, it is relatively more difficult to improve living standards. This is due to the specific features of economic development in the studied countries.

Author Biographies

Aleksander Nikolayevich Zelenuk, Moscow State Institute of International Relations (University) MFA Russia

Candidate of Economic Sciences
Place of work, post: Moscow State Institute of International Relations (University) MFA Russia (76, Vernadskogo Prosp., Moscow, 119454), Department of Economic Theory, Assistant Professor

Leonid Vladimirovich Sabelnikov, Russian Market Research Institute (VNIKI)

Doctor of Economic Sciences, Professor, Honored Worker of Science of RF
Place of work, post: Russian Market Research Institute (VNIKI) (119285, Moscow, Pudovkina str., 4), Department of international trade and multilateral economic cooperation, the Head

Aleksander Ivanovich Belchuk, Russian Foreign Trade Academy

Doctor of Economic Sciences, Professor
Place of work, post: Russian Foreign Trade Academy (119285, Moscow, Vorobyevsky Highway, 6A), Department of World and National Economy, Professor

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Published

2024-01-28

How to Cite

Zelenuk, A. N., Sabelnikov, L. V., & Belchuk, A. I. (2024). Experiences of Trade Liberalization in Developing Countries. Russian Foreign Economic Journal, (2), 50–56. https://doi.org/10.24412.2072-8042-2021-2-50-56

Issue

No. 2 (2021)

Section

Foreign trade