Prof Sushanta Mallick’s up-coming Inaugural lecture “How did the ‘open door policy’ help in catching-up? The Great Liberalisation of the 1990s”

The next Tuesday 28th of March, Prof Sushanta Mallick – CGR member and Professor of International Finance at the School of Business and Management, Queen Mary University of London–  will deliver his Inaugural Lecture, examining how far the developing countries have come in their process of growth following the rapid pace of policy reforms in the 1990s.  Prof Mallick makes a key distinction between trade and financial liberalisation, finding that many low-income countries have benefitted from trade openness in improving their pricing power in the global market place but there is a long way to go to achieve the degree of financial deepening or openness that exists in high-income countries. 

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