New developments in trade theory and LDCs
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Resumen
"This paper surveys the new literature on international trade relevant to the North-South controversy. In the first part, tow types of North-South models are considered: the "unequal exchange" theory of Lewis and Emmanuel, and the models of dynamic international of Flinday, Taylor and others. The analysis focused on the determinants of growth, the terms of trade and relative employment in the word economy."
Abstract
"This paper surveys the new literature on international trade relevant to the North-South controversy. In the first part, tow types of North-South models are considered: the ""unequal exchange"" theory of Lewis and Emmanuel, and the models of dynamic international of Flinday, Taylor and others. The analysis focused on the determinants of growth, the terms of trade and relative employment in the word economy."