Policies vary in their organizational and political demands.
These institutional variations can be incorporated into the design of trade and investment policy reform. But there is no single approach, common across countries, through which trade policy reform should proceed. Countries with weak administrative capabilities should push import liberalization to the limits. But politically constrained countries with a stronger administrative capability might consider roundabout reforms that secure outward orientation without full-scale, prior import liberalization. Sorry, the full text of this article is not available on-line.