This paper contrasts and compares the arguments of the unequal interdependence framework with the dependency theories on the sources of dichotomy between the core and the periphery. It also contrasts their arguments on the non-feasibility of the export-oriented strategy or the...

This paper examines the question of China’s compliance with market economy principles. China has reformed away from central planning in the past four decades, but has it achieved a fully-fledged market economy? The paper sheds new light on the contested nature of China’s market economy...

The Political Dialogue and Cooperation Agreement (PDCA) between the E.U. and Cuba was an important change in the way that the E.U. sought to engage with developing states. PDCA remains an important milestone for European foreign policy. It has become the template for European engagement with...

This paper shows the relationship between business growth and private corruption in the manufacturing industry in Colombia. This study investigates the dynamics of these variables using various techniques by implementing empirical models: estimations via panel data estimates and modeling with...

Except for the Philippines between 1896 and 1939, Southeast Asia was never part of the century-long East Asian industrial catching up until after World War II. Before the 1950s, Southeast Asian manufacturing hardly grew at all: while commodity export processing did grow fast, import-competing...

The aim of this paper is to evaluate the role of the manufacturing sector in the development process through the first two laws of Kaldor. The first states that the higher the growth of industrial output, more significant is the growth rate of the product of the economy as a whole. The second...

Although clusters life cycles tend to co-evolve with the life cycle of its dominant industry (Bergman, 2008; Menzel and Fornahl, 2010), the stylized life cycle model does not capture the full complexity of cluster evolution (Martin and Sunley, 2011). Empirical studies indicate that clusters do not...

Using a panel data model, we study the effects of regional and industry-level traits on new business formation (NBF) for 164 industries across 266 Chinese prefectures between 1998 and 2007. The objective is to provide empirical estimates on effects of prefecture traits on entry rates, and in...

This paper documents the relationship between regional financial development and firm growth in the Peruvian manufacturing sector. In order to control for mutual causality between credit availability and firm growth, industry differences in financial dependence on external funds are exploited....