This paper employs a new global panel data set on innovation related variables to examine patterns of R&D investment across the development process. We find that R&D effort measured as a share of GDP rises with development at an increasing rate, but that several countries have experienced...

Las estrategias de desarrollo de America Latina han estado historicamente vinculadas en forma inextricable con la teoria y la politica de comercio. El autor sostiene aqui que el viejo argumento de la industria incipiente y el nuevo planteamiento del comercio estrategico son fundamentalmente...

The world economy is not what it used to be twenty years ago. For most of the 20th century, the world economy was characterized by developed (North) countries acting as 'center' to a 'periphery' of developing (South) countries. However, the recent rise of developing economies suggests the need...