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This work presents findings on whether trade liberalization is a curse or blessing for developing countries with evidence from China and Zambia. It is premised on three specific objectives; firstly, to find out how openness to trade influences economic performance as measured by GDP; secondly, the subsequent overall welfare of people in the economy and thirdly, the constraints behind gains from trade in a liberalized regime. In order to yield composed results, the work uses both descriptive and empirical approaches. It also finds that high natural resource contribution to GDP and high exports…mehr

Produktbeschreibung
This work presents findings on whether trade liberalization is a curse or blessing for developing countries with evidence from China and Zambia. It is premised on three specific objectives; firstly, to find out how openness to trade influences economic performance as measured by GDP; secondly, the subsequent overall welfare of people in the economy and thirdly, the constraints behind gains from trade in a liberalized regime. In order to yield composed results, the work uses both descriptive and empirical approaches. It also finds that high natural resource contribution to GDP and high exports in primary commodities are the major constraints to the gains from trade.
Autorenporträt
Josephat Nchungo est né en 1987 dans le district de Lukulu, une province occidentale de la Zambie. Il a obtenu une licence en études du développement à l'Université de Zambie (UNZA) en 2013 et un master en commerce international à l'Université du Sud-Est (Chine) en 2016. Il est actuellement chargé de cours au département des études du développement à l'UNZA.