Journal ArticleDOI
Growth Strategies in Semi-Industrial Countries
Reads0
Chats0
TLDR
In this article, the authors consider the effects of industrial development on the allocation of resources and the effect of foreign trade on economic growth, and conclude that industrial development has a negative effect on economic development.Abstract:
I. Inward- and outward-looking strategies of industrial development, 24. — II. Effects on the allocation of resources, 28. — III. Large-scale economies and technological change, 32. — IV. Effects on foreign trade, 38. — V. Effects on economic growth, 43. — VI. Conclusion, 44.read more
Citations
More filters
Journal ArticleDOI
Contagion: Understanding How It Spreads
TL;DR: In this paper, the authors highlight the importance of other links through which shocks are normally transmitted including trade and finance, and identify the types of links and other macroeconomic conditions that can make a country vulnerable to contagion during crisis periods.
Journal ArticleDOI
What should the world bank think about the Washington consensus
TL;DR: In this article, the authors distinguish between the meaning of the Washington Consensus as a summary of the lowest common denominator of policy advice addressed by the Washing based institutions and subsequent use of the term to signify neoliberal or market-fundamentalist policies.
Journal ArticleDOI
Methodological Nationalism and the Misunderstanding of East Asian Industrialisation
TL;DR: The authors argued that the controversy over the role of public policy in East Asian industrialisation should not be seen as a question of whether economic success can be attributed to states or markets, but rather as a conflict over policy frames.
Book
Agriculture and the Macroeconomy
TL;DR: In this paper, the authors discuss how early policies concerning industrial protection, exchange rates, and interest rates and other fiscal policies can strongly influence the economic incentives for agriculture compared with other sectors, identifying the most relevant literature and alternative approaches used on this issue.
Journal ArticleDOI
Industrial policies in Taiwan and Korea
TL;DR: The industrial policies applied in Taiwan and Korea during the 1960s are examined in this paper, where the authors show that the export of labor-intensive manufactured goods has contributed to the growth of the national economies by utilizing their most abundant resource, labor, and by economizing on their capital.