Download or read book Adjusting to Trade Policy Reform written by Steven Joseph Matusz and published by World Bank Publications. This book was released on 1999 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: A survey of more than 50 empirical papers shows that the adjustment costs of trade liberalization are small relative to the benefits. Moreover, manufacturing employment typically increases with trade liberalization. The limited data suggests that trade liberalization reduces poverty.