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About this product
- DescriptionThis hard-hitting research report presents a rigorous critique of the most widely used trade models based on computable general equilibrium (or CGE) models. The authors present concise analytical arguments explaining the fundamental weaknesses of typical CGE models. They show that these models tend to make unrealistic assumptions about the macro-ecomy and do t allow an accurate estimation of the welfare gains that trade liberalisation is supposed to induce. The report appeals for honest simulation strategies showing a variety of possible outcomes, which would enable policy-makers to assess the different scenarios for themselves.
- Author BiographyLance Taylor is the Arnhold Professor of International Cooperation and Development and Director of the Center for Economic Policy Analysis at the New School University. He has been a professor in the economics departments of Harvard and the Massachusetts Institute of Technology, as well as being a visiting professor at the University of Minnesota, the Universidade da Brasilia, Delhi University, and the Stockholm School of Economics. He moved to the New School in 1993.
- Author(s)Lance Taylor,Rudiger Von Amim
- PublisherOxfam Publishing
- Date of Publication15/12/2006
- SubjectEconomics: Professional & General
- Series TitleOxfam Research Reports
- Place of PublicationOxford
- Country of PublicationUnited Kingdom
- ImprintOxfam Professional
- Content Note1
- Weight179 g
- Width210 mm
- Height297 mm
- Spine4 mm
- Format DetailsTrade paperback (US)
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