The comparative results of counterfactual model simulations illuminate the greater effectiveness of trade policy reform in promoting overall income growth and equity when linked to complementary fiscal and sectoral reforms aimed at reducing poverty. They also give strong support to the general argument that piecemeal or partial reforms are inferior to more comprehensive reforms that take account of policy complementarities. This paper was prepared for presentation at the Third Annual Conference on Global Economic Analysis. Melbourne, Australia June 27-30, 2000. Download full-text discussion paper .
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