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This study examines issues of trade policy in the light of the experience ofdeveloping Asian economies. Case studies highlight rapidly unfolding issues intrade and development with reference to Sri Lanka Malaysia India IndonesiaPakistan South Korea Taiwan and Thailand.The issues explored include trade liberalization and industrial adjustmentemployment and equity outcomes of exportoriented industrialization the impactof structural adjustment reforms on savings and investment and the role offoreign direct investment in export expansion. «
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