The Role of the State in International Trade Theory and Policy: Historical Evidence from South Korea and Brazil
Date of Award
Chiara Piovani, Ph.D.
Yavuz Yasar, Ph.D.
George DeMartino, Ph.D.
Brazil, Development, Government intervention, Neoliberalism, South Korea, Trade
Since the early 1980s, the economic performance of individual countries has been increasingly dependent on global dynamics. Neoliberal policies, including free trade, have been fostered by the global community for both mature and developing economies, led by the view that free markets constitute the driving force of economic growth and development. Accordingly, the World Trade Organization (WTO), the International Monetary Fund (IMF) and the World Bank (WB) - in addition to the developments within mainstream economic theory - have contributed to portray the state as the carrier of inefficiencies and market distortions, which prevent the unfolding of economic freedom and profitable entrepreneurship. This thesis examines historical evidence in theory, policy and practice to investigate whether limited state intervention is indeed justified. It provides evidence to support the contention that the role of the state should not be abandoned in theory and policy because market forces alone cannot support long term development goals of a country.
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Saif, Sumaiya Nehla, "The Role of the State in International Trade Theory and Policy: Historical Evidence from South Korea and Brazil" (2019). Electronic Theses and Dissertations. 1613.
Received from ProQuest
Sumaiya Nehla Saif