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Trade, global value chains and development : what role for national development banks?
Dünhaupt, Petra; Herr, Hansjörg - In: Vierteljahrshefte zur Wirtschaftsforschung 89 (2020) 3, pp. 9-33
In diesem Artikel diskutieren wir die Notwendigkeit von Industriepolitik und die Rolle der Entwicklungsbanken für … Vorteil einer leichteren Industrialisierung, führt aber nicht automatisch zu Produktivitätsniveaus, die mit denen des globalen … Erleichterung des wirtschaftlichen Aufholprozesses des globalen Südens als Teil der notwendigen Industriepolitik. Sie können …
Persistent link: https://www.econbiz.de/10012940029
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Trade, global value chains and development : what role for national development banks?
Dünhaupt, Petra; Herr, Hansjörg - 2020
The catching-up of countries in the Global South to productivity levels and living standards of the Global North is the exception. There are two main economic explanations for this. First, developing countries are pushed to low-tech-labor-intensive productions and tasks in global value chains....
Persistent link: https://www.econbiz.de/10012231981
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Global Value Chains in economic development
Herr, Hansjörg; Dünhaupt, Petra - 2019
Global Value Chains (GVCs) started to play an increasing and key role in the global economy from the 1990s on. The market mechanism in GVCs supports industrialisation in the Global South and under certain conditions product and process upgrading. But GVCs do not lead to the catching-up of...
Persistent link: https://www.econbiz.de/10012061427
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Spatial Competition, Innovation and Institutions : The Industrial Revolution and the Great Divergence
Desmet, Klaus - 2017
Why do some countries industrialize much earlier than others? One widely-accepted answer is that markets need to be large enough for producers to find it profitable to bear the fixed cost of introducing modern technologies. This insight, however, has limited explanatory power, as illustrated by...
Persistent link: https://www.econbiz.de/10012961751
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Spatial Competition, Innovation and Institutions : The Industrial Revolution and the Great Divergence
Desmet, Klaus - 2018
A market-size-only theory of industrialization cannot explain why England developed nearly two centuries before China. One shortcoming of such a theory is its exclusive focus on producers. We show that once we incorporate the incentives of factor suppliers' organizations such as craft guilds,...
Persistent link: https://www.econbiz.de/10012452993
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Spatial Competition, Innovation and Institutions : The Industrial Revolution and the Great Divergence
Desmet, Klaus - 2018
A market-size-only theory of industrialization cannot explain why England developed nearly two centuries before China. One shortcoming of such a theory is its exclusive focus on producers. We show that once we incorporate the incentives of factor suppliers' organizations such as craft guilds,...
Persistent link: https://www.econbiz.de/10012916601