Success in development over the past half-century was based on manufacturing-led export growth. Because the share of global employment in manufacturing will decline, manufacturing won't play the same role in the coming decades. An increase in manufacturing employment won't suffice to meet the...

The paper examines the causal relationship between economic performance, trade and development variables, with special reference to comparative advantage as a trade variable. We develop a comparative advantage factor to assess the influence of comparative advantage, the change in comparative...