Abstract

AbstractThe following sections are included:IntroductionExternal Deficits and Growth in Developing Countries: A Review of Long-term TrendsAll developing countries and territoriesNon-fuel-exporting developing countries excluding ChinaIndividual country experienceWorld growth and terms of tradeTrade liberalisation and growth in exports and importsTrade policies and its impact on economic growthTheoretical Basis of Relationship Between Trade Balance and Economic GrowthLiberalisation and Growth RelationshipPanel Study: Liberalisation, Growth and Trade Balance RelationshipsEffect of Trade Liberalisation and Growth on Trade Balance and Current AccountStudy on the Basis of 14 Selected CountriesSummary and ConclusionsMeans and standard deviations of variablesReferences

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