Economic Growth and Development
anti-social behaviour such as cheating on contracts. Caste groups can enforce bilateral contracts among members, and provide gro ...
parents, and duty to or independence from parents shows that countries where family is regarded as more important have smaller f ...
Chapter 13 International Trade, Openness and Integration Openness provokes widely different responses, depending on what aspects ...
larger world market); and influencing productivity (through competition from the world market,exposure to new ideas and ability ...
re-allocation is caused by the trade intervention that raised the profitability in one sector by creating an artificial shortage ...
facilitated by free movement of finance within the British Empire and through treaties with other countries. Between 1870 and 19 ...
Influences on openness: policy The traditional history of international trade explains the rising trade ratios of the nineteenth ...
tariffs though they continued to give some preference to imports from Britain (Bairoch and Kozul-Wright, 1996). In the US the 18 ...
of 17 per cent for all developing countries. 19 per cent of African textile exports were covered by non-tariff barriers (mainly ...
more than 80 per cent. The cost of a three-minute phone call from New York to London fell from $250 in 1930 to few cents by the ...
mechanics of trade policy been clear, Friedrich Hayek argued that it was a ‘fatal conceit’ that the economy can be brought under ...
domestic firms access to the ideas, spillovers and learning associated with engaging in a larger world economy. This argument ha ...
relentlessly to trade liberalization having a positive effect on growth (Edwards, 1998), the second improves measures of trade p ...
permanent liberalizations. The results show that economic growth increases by about 1.5 per cent (from 1.5 to 3.0 per cent) afte ...
post-liberalization growth patterns. Countries that liberalized then continued to deepen trade reforms over time appeared to do ...
now-developed countries between 1870 and 1913. The result seems to show openness was bad for economic growth, but note that this ...
for growth with a sufficient time lag, if there is sufficient infrastructure, if trade liberalization is considered credible, an ...
government will sustain it, investment and labour will not shift to the export sector. Liberalization will then lead to an impor ...
Dependency theory Much theorizing about development, and indeed the very expressions ‘devel- oped country’ and ‘less developed c ...
Early dependency centred on the sixteenth-century Spanish and Portuguese conquest of the Americas, which was based around exploi ...
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