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For the past 40 years, the most dynamic economies in the world were China and India. From approx. 5% of US GDP level …, China grows to 26% and India to 11% of current US levels. The ratio of foreign trade to GDP is similar for both countries as … well as capital flows to GDP. So why did China outperform India twice in terms of GDP growth and why is India first now …
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To raise the issue of the complex development of a zone where the agricultural production is the prevailing economic activity implies a certain difficulty, induced by the natural question: how can pluri-activity be generated in a predominantly mono-active rural area? Even if, at first sight, the...
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Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to comparative advantage, expanding the industries that do...
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This chapter analyzes the European Union's (EU) development initiatives in Africa. The relationship between the EU and Africa dates back to the inauguration of the EU in the 1950s and has since undergone different iterations as a paragon of Global North and Global South development interactions....
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