This issue focuses on the linkage between trade liberalisation and poverty reduction. At a time when countries across the globe, including South Asian ones, are liberalising their trade regimes, the question that whether or not trade liberalisation can or is meant to reduce poverty in these countries remains an important issue. The cover feature of the magazine highlights various aspects of trade liberalisation and poverty reduction. The case of five South Asian countries present the story of liberalisation effort and impact on and achievement in poverty reduction.