02110cas a2200265 a 4500 AALejournalIMF017503 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475585551 1018-5941 BD-DhAAL BD-DhAAL Beaton, Kimberly. Revisiting the Link between Trade, Growth and Inequality : Lessons for Latin America and the Caribbean / Kimberly Beaton, Aliona Cebotari, Andras Komaromi. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America and the Caribbean. The paper combines two approaches: First, we employ a cross-country panel framework to analyze the macroeconomic effects of international trade on economic growth and inequality considering the strength of trade connections as well as characteristics of countries' export markets and products. Second, we consider event studies of past episodes of trade liberalization to extract general lessons on the impact of trade liberalization on economic growth and its structure and inequality. Both approaches consistently point to two broad messages: First, trade openness and connectivity to the center of the trade network has substantial macroeconomic benefits. Second, we do not find a statistically significant or economically sizable direct impact of trade on overall income inequality. Mode of access: Internet Cebotari, Aliona. Komaromi, Andras. IMF Working Papers; Working Paper ; No. 2017/046 Full text available on IMF http://elibrary.imf.org/view/journals/001/2017/046/001.2017.issue-046-en.xml IMF e-Library