Factor-endowment based trade with the leading economy helps to explain the differing development performances of the …-abundant East Asia traded more heavily with the U.S. and thus engineered faster growth than did land-abundant Latin America. Factor … the pre-WWII growth of Japan, Southeast Asia's growth in the 1970s and the 1980s, and its economic crisis in the mid-1990s. …

The effect of human capital on growth and development has been somewhat neglected in economic literature. However …. When compared to data, the model does well in explaining the rate of growth and the level of development (less robustly) as …, evidence has suggested the importance of engineering and technical skills to economic growth. Simultaneously, European …

internal Socio-Economic development target units, Pumping money and strengthening the defense of the assisted nation only …

market if it is profitable to do so. The economy evolves to a balanced growth path in which income, welfare, and the share of … restrictions will slow-down economic growth, while a decrease may give rise to a rapid catch-up process. The static costs of trade …

institutions also influences economic growth and the ability of a country to attract trade and foreign direct investment …

asymmetrically. The gains from trade were channeled towards population growth in non- industrial nations while in the industrial … nations they were directed towards investment in education and growth in output per capita. International trade enhanced the … comparative disadvantage in the production of skilled intensive goods. The focus on the interaction between population growth and …

motives), in which a low-income economy enjoys a high growth rate relative to a high-income economy, thanks to importing … technologies (or 'machines') invented in the high- income economy. Following Romer (1990), the growth of an economy is sustained by … productivity advances. The model can generate the growth paths of the U.S. and the South Korea. …