IMPACT OF TRADE OPENNESS ON ECONOMIC GROWTH IN EMERGING MARKETS: REGIONAL AND DEVELOPMENTAL COMPARISON
Abstract
This study examines how trade openness impacts economic development in 20 emerging markets from 2000 to 2020. It compares countries based on trade policies, levels of openness, and economic growth outcomes. The research highlights regional differences, with Asian economies showing better results than many in Africa and Latin America. The findings suggest that trade openness can drive development when supported by strong institutions and policies tailored to each country's needs.
Keywords:
trade openness economic development emerging market trade policies foreign direct investment global economy economic growthReferences
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