Exports, Trade Policy and Economic Growth in Eras of Globalization
Exports, Trade Policy and Economic Growth in Eras of Globalization
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In this review of Exports, Trade Policy and Economic Growth in Eras of Globalization, the reviewer finds a thoughtful, historically grounded examination of how international trade liberalization has shaped economic development over two centuries. Written for readers who want depth rather than a how-to manual, this book is strongest as a scholarly synthesis that traces the forces driving export-led growth and the complex interplay between trade policy and national development strategies. It is particularly useful to economists and policy students seeking a measured, evidence-focused perspective on globalization debates.
Key Features
- Historical scope: Covers two centuries of trade liberalization to show long-term patterns and turning points in globalization.
- Policy focus: Examines how different trade policies have been used to promote exports and the implications for economic growth.
- Comparative analysis: Compares the experiences of multiple countries to illuminate when export-driven strategies succeed or falter.
- Development debate: Addresses the controversial question of the significance of export-led growth for economic development in diverse contexts.
- Evidence-driven: Builds arguments around historical evidence and policy outcomes rather than rhetoric, helping readers weigh trade-offs.
Who It's For
This book is best suited for graduate students, researchers and policy analysts who need a rigorous, historically informed account of trade policy and export-led growth. It benefits readers who appreciate careful argumentation and comparative perspectives rather than prescriptive toolkits.
Those seeking a quick practical guide for negotiating trade agreements or a step-by-step manual for export promotion may find the focus on long-term patterns and theory less directly actionable. General readers without background in economics may also find parts of the discussion dense.
Pros & Cons
Pros
- Thorough historical coverage makes it valuable for understanding the evolution of global trade policy.
- Clear emphasis on evidence helps separate successful export strategies from rhetoric.
- Comparative treatment highlights where export-driven growth has been most effective.
Cons
- The book's academic tone and depth may be challenging for casual readers seeking quick policy prescriptions.
Specifications
| Title | Exports, Trade Policy and Economic Growth in Eras of Globalization |
| Author | Edward M. Feasel |
| Series | Routledge Studies in the Modern World Economy |
| Subject | International trade policy and export-led growth |
| Scope | Two centuries of trade liberalization and development outcomes |
Our Verdict
For scholars and policy-focused readers, this book is a valuable, well-researched contribution that clarifies how trade policy has interacted with export performance and economic development over time. It is good value for anyone seeking a careful, comparative account of globalization's economic effects, though those needing practical how-to guidance should look elsewhere.
Frequently Asked Questions
Does the book focus on modern trade only?
The analysis spans roughly two centuries, so it covers historical as well as more recent episodes of trade liberalization.
Is this a technical economics text?
It is scholarly and evidence-driven; readers with some background in economic policy will get the most from it.
Will it help with current trade negotiations?
It provides context and lessons from history but is not a practical negotiation manual.
Editor's Take
A well-researched, historically grounded study that clarifies how trade policy and export performance influenced economic development; recommended for scholars and policy analysts seeking evidence-based context.

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