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Trade and PovertyWhen the Third World Fell Behind$
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Jeffrey G. Williamson

Print publication date: 2011

Print ISBN-13: 9780262015158

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262015158.001.0001

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Policy Response:

Policy Response:

What Did They Do? What Should They Have Done?

(p.215) 13 Policy Response:
Trade and Poverty

Jeffrey G. Williamson

The MIT Press

This chapter first establishes that tariffs were much higher in the autonomous periphery than in the European industrial core, and that the tariffs there rose steeply across the late nineteenth century. Furthermore, the rise in tariff rates even took place in Asia, where European colonies were so common. It then asks why tariffs were so high (and rising) in the periphery. Was this anti-trade policy backlash motivated by industrialization targets, by compensation of the losers from trade, by government revenue needs, or by other goals?

Keywords:   tariff rates, poor periphery, Asia, European colonies

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