The Dependent Economy
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Author | : W. Brian Arthur |
Publisher | : University of Michigan Press |
Total Pages | : 228 |
Release | : 1994 |
Genre | : Business & Economics |
ISBN | : 9780472022403 |
Pioneering work on an important new approach to economics.
Author | : |
Publisher | : |
Total Pages | : |
Release | : 1991 |
Genre | : |
ISBN | : |
Author | : Philip L. Brock |
Publisher | : |
Total Pages | : 40 |
Release | : 1993 |
Genre | : |
ISBN | : |
Author | : Mats Ove Lundahl |
Publisher | : Routledge |
Total Pages | : 349 |
Release | : 2019-06-26 |
Genre | : Political Science |
ISBN | : 100031586X |
This book aims to analyze Lesotho's prospects for economic advancement, and examines the influence of the policies and economic development of South Africa on Lesotho's own potential for development.
Author | : Andre Gunder Frank |
Publisher | : Springer |
Total Pages | : 244 |
Release | : 1979-02-01 |
Genre | : Business & Economics |
ISBN | : 1349160148 |
Author | : Andre Gunder Frank |
Publisher | : NYU Press |
Total Pages | : 247 |
Release | : 1979 |
Genre | : Business & Economics |
ISBN | : 0853454922 |
Examines underdevelopment in Asia, Africa and Latin America through the analysis of unequal means of production and trade relations within the process of capital formation. Analyses how differential transformation of productive, social and political relations have led to capitalist development, and challenges classical and neo-classical development theories, international division of labour, doctrines of comparative advantage and free trade, etc.
Author | : W. Brian Arthur |
Publisher | : University of Michigan Press |
Total Pages | : 201 |
Release | : 1994 |
Genre | : Business & Economics |
ISBN | : 0472022407 |
Pioneering work on an important new approach to economics.
Author | : Philip Lawton Brock |
Publisher | : |
Total Pages | : 56 |
Release | : 1993 |
Genre | : Capital investments |
ISBN | : |
This paper resolves a long-standing obstacle in the development and use of the dependent economy model with investment. This obstacle derives from the fact that models of the dependent economy with investment have been criticized for arbitrarily assuming that capital is either tradable or nontradable, and for choosing either the traded or nontraded sector to be capital intensive. The model incorporates both types of capital and shows that it is the relative sectoral intensity of nontraded capital that matters for the dynamic adjustment of the relative price of nontradables. When the traded sector is relatively intensive in nontraded capital, the saddlepath is flat (at the long-run value of the relative price of nontradables). When the nontraded sector is relatively intensive in nontraded capital, the saddlepath is negatively sloped. The relative sectoral intensity of traded capital primarily affects the adjustment of the current account. In particular, we consider the role of the complementarity or substitutability of traded and nontraded capital in the production structure on the behavior of the current account. The dynamic behavior of the model is illustrated by considering a permanent increase in foreign transfers.
Author | : Horace Belshaw |
Publisher | : |
Total Pages | : 21 |
Release | : 1939 |
Genre | : Economic stabilization |
ISBN | : |
Author | : Dudley Seers |
Publisher | : Pinter Publishers |
Total Pages | : 224 |
Release | : 1981 |
Genre | : Business & Economics |
ISBN | : |