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Book From Import Substitution to Outward orientation

Download or read book From Import Substitution to Outward orientation written by Jeffrey B. Nugent and published by . This book was released on 1992 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Openness  Outward Orientation  Trade Liberalization and Economic Performance in Developing Countries

Download or read book Openness Outward Orientation Trade Liberalization and Economic Performance in Developing Countries written by Sebastian Edwards and published by World Bank Publications. This book was released on 1989 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Export Growth in Latin America

Download or read book Export Growth in Latin America written by Carla Macario and published by Lynne Rienner Publishers. This book was released on 2000 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although Latin American and Caribbean countries have assigned a high priority to increasing exports, export performance in most cases remains deficient. This work investigates why this is so, identifying the policies that determine successes and failures in Brazil, Chile, Colombia and Mexico.

Book The Pitfalls of Protectionism  Import Substitution Vs  Export Oriented Industrial Policy

Download or read book The Pitfalls of Protectionism Import Substitution Vs Export Oriented Industrial Policy written by Reda Cherif and published by International Monetary Fund. This book was released on 2024-04-26 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policies pursued in many developing countries in the 1950s-1970s largely failed while the industrial policies of the Asian Miracles succeeded. We argue that a key factor of success is industrial policy with export orientation in contrast to import substitution. Exporting encouraged competition, economies of scale, innovation, and local integration and provided market signals to policymakers. Even in a large market such as India, import substitution policies in the automotive industry failed because of micromanagement and misaligned incentives. We also analyze the risk tradeoffs involved in various industrial policy strategies and their implications on the 21st century industrial policies. While state interventions may be needed to develop some new capabilities and industries, trade protectionism is neither a necessary nor a sufficient tool and will most likely be counterproductive.

Book Change and Challenge in the World Economy

Download or read book Change and Challenge in the World Economy written by Bela Balassa and published by Springer. This book was released on 1985-10-24 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Sustaining Export Oriented Development

Download or read book Sustaining Export Oriented Development written by Ross Garnaut and published by Cambridge University Press. This book was released on 1995-09-29 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 1995, looks at the East Asian economies' post-war development and assesses the possibilities of transferring East Asian development elsewhere. Written and edited by economists, Sustaining Export-Oriented Development traces the changes in the thinking of policy makers and advisers about the policies required for economic development - especially the changed emphasis from import-substitution to outward-orientation which coincided with the East Asian economies' success. Several contributors focus on identifying the key factors in the growth of these dynamic economies. Others look at future constraints such as the environmental limits to growth and the sustainability of export growth in China. This book makes a significant contribution to the discussion of economic growth and development issues and will be of interest to those in economics, trade and aid, and others concerned with public policy.

Book Policy Choices for the 1990s

Download or read book Policy Choices for the 1990s written by Bela Balassa and published by Springer. This book was released on 2016-07-27 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent cataclysmic changes in the international economic order are shaping the global policy choices of the 1990s. In his final collection of essays, the late Bela Balasa, a foremost international economist, examines the implications of these recent changes for developed, developing and reforming socialist economies. Essays include development strategies, adjustment policies, the public sector, and financial liberalization, economic integration in Eastern Europe, and trade policy negotiations.

Book Import Substitution  Trade  and Development

Download or read book Import Substitution Trade and Development written by Jaleel Ahmad and published by . This book was released on 1978 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on theoretical and practical aspects of import substitution policy in developing countries and least developed countries - examines import substitution as a source of industrial growth and as a feasible strategy for improving those countries' trade and balance of payments. Bibliography pp. 109 to 119, graphs and statistical tables.

Book World Development Report 1987

Download or read book World Development Report 1987 written by and published by World Bank Publications. This book was released on 1987 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report, consisting of two parts, is the tenth in the annual series assessing development issues. Part I reviews recent trends in the world economy and their implications for the future prospects of developing countries. It stresses that better economic performance is possible in both industrial and developing countries, provided the commitment to economic policy reforms is maintained and reinforced. In regard to the external debt issues, the report argues for strengthened cooperation among industrial countries in the sphere of macroeconomic policy to promote smooth adjustment to the imbalances caused by external payments (in developing countries). Part II reviews and evaluates the varied experience with government policies in support of industrialization. Emphasis is placed on policies which affect both the efficiency and sustainability of industrial transformation, especially in the sphere of foreign trade. The report finds that developing countries which followed policies that promoted the integration of their industrial sector into the international economy through trade have fared better than those which insulated themselves from international competition.

Book Trade Regime and Economic Growth

Download or read book Trade Regime and Economic Growth written by Charles L Chanthunya and published by Routledge. This book was released on 2019-07-23 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume focuses on the relationship between trade policy and economic growth, one of the most controversial questions in the emerging paradigm on "international trade and economic development". Authored by a senior monetary expert and a senior lecturer in finance, the question is explored through institutional and policy issues with examples from a sample of ten African countries, with special reference to Malawi and Zambia. Asking which trade regime is appropriate for promoting economic growth in developing countries, the book concludes by discussing the appropriate strategy for African countries.

Book Arguing Development Policy

Download or read book Arguing Development Policy written by Raymond Apthorpe and published by Routledge. This book was released on 2014-06-23 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection shows how policy discourses in the fields of national and international developments are constructed and operate and how they can be analysed. Dominant discourses screen out certain aspects: they frame' issues to include some matters and typically exclude important others. More generally, different policy discourses construct the world in distinctive ways, through language that requires deconstruction and careful review.

Book Free Trade and Prosperity

Download or read book Free Trade and Prosperity written by Arvind Panagariya and published by Oxford University Press. This book was released on 2019-04-01 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arguments for protection and against free trade have seen a revival in developed countries such as the United States and Great Britain as well as developing countries such as India. Given the clear benefits trade openness has brought everywhere, this is a surprising development. The benefits of free trade are especially great for emerging market economies. FreeÂTrade and ProsperityÂoffers the first full-scale defense of pro-free-trade policies with developing countries at its center. Arvind Panagariya, a professor at Columbia University and former top economic advisor to the government of India, supplies a historically informed analysis of many longstanding but flawed arguments for protection. He starts with an insightful overview of the positive case for free trade, and then closely examines the various contentions of protectionists. One protectionist argument is that "infant" industries need time to grow and become competitive, and thus should be sheltered. Other arguments are that emerging markets are especially prone to coordination failures, they are in need of diversification of their production structures, and they suffer from market imperfections. The panoply of protectionist arguments, including those for import substitution industrialization, fails when subject to close logical and empirical scrutiny. Free trade and outward-oriented policies are preconditions to both sustained rapid growth and poverty alleviation in developing countries. Panagariya provides compelling evidence demonstrating the failures of protectionism and the promise of free trade using detailed case studies of successful countries such as Singapore, Taiwan, South Korea, China and India. Low or declining barriers to free trade and high or rising shares of trade in total income have been key elements in the sustained rapid growth and poverty alleviation in these countries and many others. Free trade is like oxygen: the benefits are ubiquitous and not noticed until they are no longer there. This important book is an essential reminder of the costs of protectionism.

Book Economics of Relative Prices

Download or read book Economics of Relative Prices written by Bela Csikos-Nagy and published by Springer. This book was released on 2016-01-15 with total page 559 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Endogenous Growth in Historical Perspective

Download or read book Endogenous Growth in Historical Perspective written by Ramesh Chandra and published by Springer Nature. This book was released on 2021-11-24 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, new endogenous growth theory has become popular but the ideas are not new. They go back at least as far as Adam Smith, and the subsequent contributions made notably by Alfred Marshall and Allyn Young. This book critically discusses and provides an historical perspective to the entire spectrum of endogenous growth theories starting with Adam Smith and ending with Paul Romer. It fills an important gap in the literature. While contributions of individual authors are readily available, there is no comprehensive study on the subject covering such a vast ground, critically discussing these authors in a comprehensive framework. It collates all the arguments and economic viewpoints in one collection, providing both the seasoned economist and a graduate economist with a critical comparison of origin, mechanisms, conclusions, and policy implications of these models.

Book Taxes  Outward Orientation  and Growth Performance in Korea

Download or read book Taxes Outward Orientation and Growth Performance in Korea written by Irene Trela and published by World Bank Publications. This book was released on 1990 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax policies have contributed relatively little to Korea's extraordinary growth: less than 10 percent of Korean growth between 1962 and 1982, and about 3 percent of export growth. Indirect tax exemptions (rebates of sales and excise taxes on exports) have contributed far more to growth than have direct measures (mainly corporate tax rebates for exporters).

Book Manufacturing Miracles

Download or read book Manufacturing Miracles written by Gary Gereffi and published by Princeton University Press. This book was released on 2014-07-14 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few observers of Mexico and Brazil in the 1930s, or South Korea and Taiwan in the mid-1950s, would have predicted that these nations would become economic "miracles" several decades later. These newly industrializing countries (NICs) challenge much of our conventional wisdom about economic development and raise important questions about international competitiveness and export success in manufacturing industries. In this volume economists, sociologists, and political scientists seek to explain the growth of the NICs in Latin America and East Asia and to reformulate contemporary development theory through an in-depth analysis of these two dynamic regions. Gary Gereffi and Colin I. Bradford, Jr., provide an overview of national development trajectories in Latin America and East Asia, while Barbara Stallings, Gereffi, Robert R. Kaufman, Tun-jen Cheng, and Frederic C. Deyo discuss the role of foreign capital, governments, and domestic coalitions in shaping development outcomes. Gustav Ranis, Robert Wade, Chi Schive, and Ren Villarreal look at the impact of economic policies on industrial performance, and Fernando Fajnzylber, Ronald Dore, and Christopher Ellison with Gereffi examine new agendas for comparative development research. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.