Trade As The Engine Of Growth In Developing Countries
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Trade As The Engine Of Growth In Developing Countries
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Author : James Riedel
language : en
Publisher: World Bank Publications
Release Date : 1983
Trade As The Engine Of Growth In Developing Countries written by James Riedel and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Business & Economics categories.
This paper is a critique of the thesis propounded in W.A. Lewis' Nobel lecture that economic growth in developed countries is the main driving force of exports and growth in developing countries. The trade engine theory is shown to rest on highly restrictive assumptions which, it is argued, have become increasingly inappropriate as a consequence of far-reaching changes in the composition of LDC exports. Empirical analysis is undertaken to show that the main gear of the trade engine, the linkage between economic prosperity in developed countries and export growth of developing countries, is highly unstable and hence mechanically inefficient. The trade engine theory, it is argued, is no more applicable in recent decades than Kravis showed it was in the nineteenth century.
Economic Development And International Trade
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Author : David Greenaway
language : en
Publisher: Palgrave
Release Date : 1988
Economic Development And International Trade written by David Greenaway and has been published by Palgrave this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Commerce categories.
Trade The Engine Of Growth In East Asia
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Author : Peter C. Y. Chow
language : en
Publisher: Oxford University Press
Release Date : 1993-07-01
Trade The Engine Of Growth In East Asia written by Peter C. Y. Chow and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-07-01 with Business & Economics categories.
The New Industrializing Countries (NICs) of the Pacific Basin--Taiwan, South Korea, Hong Kong, and Singapore--differ in many ways such as their languages, cultures, political and economic systems. What is interesting is what economic characteristic they hold in common. Each has succeeded in defying in what Chow and Kellman define as a "vicious circle of poverty" following World War II. They provide a comprehensive analysis of the economic factors which fueled the "engine of growth." The authors combine a detailed body of empirical data with an unusually broad theoretical framework to highlight the factors in each industry and market which contributed to the success of these countries. The work examines and forecasts potential competition from the surrounding geographic area in specific markets. It contrasts the development of the NICs with Japan, with "next tier NICs," and with each other in markets, including those of the United States and the forthcoming united Europe. Using modern economic theory and sophisticated quantitative techniques, Trade - The Engine of Growth in East Asia will clearly help scholars, students, policymakers, and professionals in understanding these East Asian models of growth.
Trade And Industrial Development In East Asia
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Author : Peter C. Y. Chow
language : en
Publisher: Edward Elgar Publishing
Release Date : 2012-01-01
Trade And Industrial Development In East Asia written by Peter C. Y. Chow and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-01 with Business & Economics categories.
Trade as an engine of growth has played a catalyst role in East Asian development; through vigorous study of performances in past decades, East Asian trade and industrialization experiences may offer some lessons for other developing countries. This book covers trade and industrial structures for ten countries and regions including Japan, China, Hong Kong, Korea, Singapore, Taiwan, Indonesia, Malaysia, the Philippines and Thailand. The author addresses the comparative advantages and trade similarity indices of Asian economies from regional and global perspectives. He also analyzes the impacts of regional trade agreements from both member and non-member countries' perspectives. After a vigorous examination of the sources of export growth by the methodology of the constant market share analysis, the book examines the trade–investment nexus, the development of fragmentation of manufacturing production, and trade in parts and components as the dominant trade flows after the mid-1980s. It then studies the trade complementarity index among countries to further pursue the analysis of natural trading partners, and looks at the Krugman–Baldwin hub–spoke thesis by empirically identifying the 'degree of hub-ness' in three major markets in China, Japan, and the USA. Various scenarios of economic integration in East Asia are assessed and an open regionalism is proposed for East Asian economic integration and sustainable development in the conclusion of the book. Students and researchers of international trade, economic development, and Asian Studies will find the data and analyses in the volume invaluable in understanding the economic development of the Asia Pacific.
Trade Liberalisation
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Author : Ashok K. Parikh
language : en
Publisher: World Scientific
Release Date : 2007
Trade Liberalisation written by Ashok K. Parikh and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.
This is one of few books on the quantitative assessment of trade liberalisation and its impact on micro and macro economics structure in developing countries. Addressing the prospects of economic growth at a macro level, gives a thorough analysis of various issues such as profitability of enterprises after liberalisation, structural change, imports and exports by sectors and regions, and the trade balances of developing countries. The aspects of terms of trade and the trade balances in African, Latin American and Asian economies are studied using econometric techniques.
Trade Development And Structural Change
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Author : Anca M. Voicu
language : en
Publisher: Springer
Release Date : 2018-05-30
Trade Development And Structural Change written by Anca M. Voicu and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-30 with Business & Economics categories.
This book examines the evolution of trade and trade patterns in Central and Eastern European countries (CEEC) and assesses the implications of these patterns on structural change and economic development within transition economies. Taking the fall of the Iron Curtain in 1989 as a starting point, the authors discuss the transition of former communist CEE countries from centrally planned to market-driven economies, arguing that trade was the primary engine for the economic growth and transition process they experienced. The chapters in this book incorporate the results of previous studies – some of which are based on original research conducted by the authors – dedicated to the integration process of international and European trade. More importantly, the authors look at the broader aspects of structural change and economic development, indeed the whole process of economic transformation. Thus, the book moves well beyond the core ‘trade and growth’ framework to look at technological progress, foreign investment, institutional development and structural change in Central and Eastern European countries.
International Trade Policy
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Author : D. Das
language : en
Publisher: Springer
Release Date : 1990-01-29
International Trade Policy written by D. Das and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-01-29 with Business & Economics categories.
International trade plays a definitive role in the economic growth process. The developing countries accounted for over one quarter of total world trade by value in the early eighties; this proportion declined to a fifth in 1987. The developing countries, except for a handful of them, have made serious and expansive errors in their trade policies. The primary objective of Professor Das is to clear the cobwebs of confusion and misgivings that are only too apparent in the realm of trade policy. The book is addressed to the domestic as well as the international aspects of trade policy in the developing countries. It takes the neoclassical economic philosophic lines and makes an analytical case for free trade with hard-hitting arguments.
Southern Engines Of Global Growth
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Author : Amelia U. Santos-Paulino
language : en
Publisher: Oxford University Press
Release Date : 2010-04
Southern Engines Of Global Growth written by Amelia U. Santos-Paulino and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04 with Business & Economics categories.
The volume explores how the Southern Engines, China, India, Brazil, and South Africa are reshaping the world economy. It looks at their development experiences, and examines how these could provide useful lessons to the developing world.
Breaking Into New Markets
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Author : Richard Newfarmer
language : en
Publisher: World Bank Publications
Release Date : 2009-03-12
Breaking Into New Markets written by Richard Newfarmer and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-03-12 with Political Science categories.
International trade in 2009 is projected to contract for the first time since 1982. As a result, export diversifi cation has gained new urgency as one way of using exports to recover lost growth momentum. Moreover, diversifi cation is central to reducing income volatility and sustaining high growth rates, which are especially important for countries with large populations living in poverty. In the 1950s, countries became concerned that their dependence on primary products would lead to steady falls in the purchasing power of primary exports and thus slow growth. A major policy objective of developing countries since that time has been to diversify out of primary products into manufactures. Although some nations have been at least partially successful, many low-income countries remain dependent on a narrow range of primary products. 'Breaking Into New Markets' argues for a comprehensive view of diversifi cation. It explores new thinking and evidence about export diversifi cation and elaborates on policies for its promotion. These policies span tariffs and taxes, services, and government activities to help fi rms take advantage of global opportunities. The book is a compilation of chapters written as short, policy-focused pieces. Many digest longer, more academic papers in an effort to make the information accessible to a larger policy and nontechnical audience. In that sense, the book is a policy primer on what export diversifi cation can and cannot do for growth and how to make diversifi cation happen. Intelligently designed policies that effi ciently address the obstacles to export growth are critical for overall economic growth and poverty reduction. This book offers insights useful to policy makers and practitioners as they embark on efforts to design new programs of competitiveness in their trade strategies.
Developing Countries And World Trade
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Author : Yılmaz Akyüz
language : en
Publisher: Zed Books
Release Date : 2003-09
Developing Countries And World Trade written by Yılmaz Akyüz and has been published by Zed Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-09 with Business & Economics categories.
Increased participation in world trade is conventionally seen as the key to economic growth and development. Yet, as this book shows through its detailed examination of world trade patterns over the last 20 years, while developing country exports have grown faster than the world average, the rich countries have meanwhile increased their share in world manufacturing valued added. This poses the vitally important policy challenge of what poor countries, confronted by the vigorous expansion of their foreign trade but no comparable rise in income, should do. Primary commodity prices have collapsed in value, and there is a real danger that the terms of trade for their exports of manufactured goods may do the same. The key challenge confronting poor countries today is not more trade liberalization on their part, but how to improve the terms of their participation in world trade and to increase the still limited and unstable benefits they derive from it.