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A two country, three sector hybrid model of structural change with distortionary government policies is used to … quantify the impact of international trade and trade reform for industrialization. The model features Arming- ton motivated … subsidies and lump sum government transfers of net tariff revenue. We calibrate our economy to data on South Korea and the OECD …
Persistent link: https://www.econbiz.de/10011258875
policy in trade and industrialization for targeting industries and firms and provides a brief historical review of practices …
Persistent link: https://www.econbiz.de/10005014719
America now advocates the path of free markets to industrialization. However, a cursory look into its developmental …
Persistent link: https://www.econbiz.de/10005026622
This essay suggest a theoretical framework for studying the accumulation process in an historical perspective. This framework comprises the expansion routes effectively or potentially open to big firm growth, available channels for funding investment expenditures and the barriers to corporate...
Persistent link: https://www.econbiz.de/10008587465
Uzbekistan is not usually considered an economic success story, but in fact it is: its GDP increased since 1989 more than in any other post-communist country, except for China, Vietnam and Turkmenistan. The success of Uzbekistan is very much similar to the Chinese – gradual economic reforms...
Persistent link: https://www.econbiz.de/10011259609
This paper examines the impact that development theories have had on development policies, and the inverse impact of actual successes and failures in the global South on development thinking. It is argued that development thinking is at the cross-roads. Development theories in postwar period...
Persistent link: https://www.econbiz.de/10008805886
Openness to global market is the only way for a small scale national economy to survive and develop. Therefore, Republic of Macedonia immediately after the independence, declared its international trading system as fully liberal and open, articulated by membership in many important international...
Persistent link: https://www.econbiz.de/10011259883
Recent theoretical literature suggests that aid, geography, and resource endowments affect diversification of exports in Africa. This paper examines the validity of these popular views using a System-GMM methodology and panel data for African countries. The evidence suggests that aid, the...
Persistent link: https://www.econbiz.de/10005616922
This paper explores two questions. First, can Preferential Trade Agreements (PTAs) affect industrial development in developing countries? Second, does it matter for developing countries whom they sign the PTAs with? We find that the answer to both questions is yes. Using bilateral manufactured...
Persistent link: https://www.econbiz.de/10011108154
On the whole, manufacturing growth in India failed to accelerate in spite of widespread trade reforms undertaken since the early 1990s. However, the picture is mixed if we look at the sub-national level. This paper attempts to examine the determinants of manufacturing performance at the...
Persistent link: https://www.econbiz.de/10011108262