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Trade Policy, Industrialization, and Development by Gerald K. Helleiner Pdf
This volume contributes to a better appraciation of the actual problems and constraints of industrialization and growth in developing countries and points the way to useful further lines of research.
Trade Policy and Industrialization in Turbulent Times by Gerry Helleiner Pdf
The relationship between trade policy and industrialization has provoked much controversy. Can trade policy promote economic growth in developing countries? Those actively working in the area are becoming increasingly sceptical about the conventional advice given by international policy advisors and organizations. This volume builds upon earlier theoretical and empirical research on trade policy and industrialization but is the first cross-the-board attempt to review developing country experiences in this realm for twenty years. The experience of fourteen developing countries in the 1970s and 1980s is assessed by the contributors, each of whom have a detailed understanding of their country's recent experience.
Trade Policy, Industrialization, and Development by Gerald K. Helleiner Pdf
Investigates the ways in which the characteristics of a developing country's domestic industrial sector - its oligopolistic technology - affect its chances of industrializing far enough to engage in substantial export trade
Export-oriented Industrialization in Developing Countries by Pitou van Dijck,Hans Linnemann,Harmen Verbruggen Pdf
This study describes and analyses in depth the transformation taking place in world manufacturing industry and its impact on the economies of newly industrialising countries. In Part One, the causes and characteristics of export-oriented industrialisation are studied, often using world-wide cross-country analyses. Trade policies and export strategies underlying such industrialisation processes get much attention. Part Two mainly deals with the domestic preconditions for and consequences of export-oriented manufacturing production, on the basis of detailed case studies of seven East and South-East Asian countries.
Trade and Industrial Development in Africa by Moyo, Theresa Pdf
This book revisits the perennial challenge that scholars, economists, and politicians have been grappling with since the 1960s. Development, in this book, has been defined in a context that projects it as a multidimensional and complex process which seeks to enhance the human, social, economic and cultural welfare of the people. This book calls for a rethinking of trade and industry for Africa's development. It uses data drawn from national development plans and strategies, and trade and industry issues have been prioritized at the continental level, in key policy documents. On the whole Africa's industry and trade performance have been poor in spite of national, regional, and continental plans. The contributors to this volume propose some alternative strategies and policies which are necessary for trade and industry to grow and to contribute to the well-being of Africa's people. It calls for a developmental trade and industry policy which, fundamentally, must be people-centred. African states should invest time, energy and resources to develop policies which will take into consideration African realities.The different contributors are aware that Africa has experienced strong economic growth in the recent past but this growth has largely been due to a strong demand for Africa's primary commodity exports. It has also been a result of increases in productivity and domestic investment and remittances from Africans living in the Diaspora. It is important to note that despite this unprecedented growth performance, the impact of trade and industry on development has been limited. The book argues that a structural transformation of Africa's economies is inevitable if Africa is to achieve the shift from the dominant paradigm of production and export of primary goods. The various contributors to this book agree that there is need to rethink policy and strategy in order to achieve industrial development in Africa. There is no unique solution or answer that can fit all situations as African countries are not the same. While Africa can draw lessons from other regions which have successfully industrialized, this book argues that policies and strategies will have to be adapted to country-specific situations and circumstances.
The Politics of Trade and Industrial Policy in Africa by Charles Chukwuma Soludo,Michael Osita Ogbu,Ha-Joon Chang Pdf
This book maps the process and political economy of policy making in Africa. It's focus on trade and industrial policy makes it unique and it will appeal to students and academics in economics, political economy, political science and African studies. Detailed case studies help the reader to understand how the process and motivation behind policy decisions can vary from country to country depending on the form of government, ethnicity and nationality and other social factors.
Best Practices in Trade Policy Reform by Vinod Thomas,John Nash Pdf
It was recognized by many developing countries in the 1980s that integration with the global economy is necessary for economic development and technological progress. Efforts to liberalize trade were controversial. A unique body of evidence on developing country trade liberalization will examine why outcomes have varied from one country to another. The political economy of trade liberalization and the interaction among trade and domestic reform, macro-economic stability, and export development is examined using: (a) cross-sectional data, (b) country studies, (c) and interviews. The sequencing of reforms and implications for multilateral trade negotiations, foreign direct investment, and regional integration schemes is an additional consideration. The emphasis is on practical problems-economic and political-and recommendations of how policies can be designed and implemented to yield stronger and more sustainable results.
Industrialisation and Globalisation by John Weiss Pdf
Industrialisation and Globalisation presents a survey of industrialization in developing countries since 1945, as well as a study of the predominant theories of industrial growth in the Third World.
Trade policy of developing countries and emerging economies in the course of globalization by Rainer Schenk Pdf
Scientific Essay from the year 2012 in the subject Economics - International Economic Relations, , language: English, abstract: The current global economy is characterized by extensive globalization of the markets. The accompanying international trade affects industrial nations and developing countries in differing degrees. The analysis of trade policy in developing countries can, in the process, be analyzed using the same tools as those for developed countries, namely industrial na-tions. Earlier development stages of trade policy amongst developing countries were character-ized by protectionism and an orientation towards a domestic market which consequently led to a weak internationalization of these countries. It was not possible to decrease the distance between the classical industrial states since the industrial states themselves, in the context of the first phase of globalization, were able to significantly advance on a global scale. As a result of the rejection of protectionism by means of changing political structures and the accompanying liberalization, it was therefore possible, in the early phases of globaliza-tion, whose origins lie in the end of the 19th and the start of the 20th century, for several developing countries to successfully advance in the wake of the general dynamic of inter-nationalization. The share in the world good’s market; the volumes in direct investments and the inflows of portfolio capital were able to increase amongst these groups of countries, albeit not for all countries to the same extent. As a result, the majority of developing countries today are tightly embedded in world trade. Moreover, these countries were capable of registering export quotas of 20% and 30%. The gap between the so-called OECD countries could be largely made up for. In the course of early globalization, the OECD countries also dynamically developed with the consequence that many developing countries were, in turn, able to benefit from these global economic interactions. Today, the export revenue of OECD countries with develop-ing countries represents 25%. This is a 40% increase within the last 20 years. The foreign trade of developing countries with OECD countries, on the other hand, ac-counts for merely 60% of the total foreign trade of developing countries in our present day. At the same time, there has been an emergence of foreign trade diversification in favor of exporting industrial goods by courtesy of developing countries which amounted to as much as 84% in 1996 which in 1996 accounted for as much as 84%.
Import Substitution Industrialization and the Effects of Globalization on the Manufacturing Sector in Zambia by Stephen Gumboh Pdf
Research paper from the year 2012 in the subject Economics - Case Scenarios, grade: A, Atlantic International University (School of Business and Economics), course: Globalization and International Development, language: English, abstract: The paper discusses the essence of the Import Substitution Industrialization (ISI) policy adopted by the Zambian government prior to trade liberalization and the effects of globalization on the growth and development of manufacturing sector thereafter. Specifically, the paper analyses the merits and effectiveness of the ISI policy on the growth of the Zambia industry with particular emphasis on the impact of globalization and trade liberalization on the Zambian manufacturing sector and the government possible measures and instruments necessary to maximize the benefits of globalization. The paper proves the heavy impact of trade liberalization on the manufacturing sector in peak period of its implementation. As for the import substitution policy and the effects of globalization on the growth and development of manufacturing sector, the paper also cites these among many other factors as major attributes to a greater extent to the failure of the manufacturing sector to perform to expectation over the peak period of trade liberalization. Government policies to cushion itself from the effects of globalization and to revitalize the manufacturing sector are equally proved to have brought about some favorable results despite the many constraints that the sector has had to face over the years of trade liberalization. The paper concludes by emphasizing the need for the government to continue pursuing policy measures strategically focused on the growth of the sector by seriously taking into consideration its backward and forward linkages in the economy.
How Nations Succeed: Manufacturing, Trade, Industrial Policy, and Economic Development by Murat A. Yülek Pdf
This book assesses developmental experience in different countries as well as British expansion following the industrial revolution from a developmental perspective. It explains why some nations are rich and others are poor, and discusses how manufacturing made economies flourish and spur economic development. It explains how today’s governments can design and implement industrial policy, and how they can determine economically strategic sectors to break out of Low and Middle Income Traps. Closely linked to global trade and (im)balances, industrialization was never an accident. Industrialization explains how some countries experience export-led growth and others import-led slowdowns. Many confuse industrialization with the construction of factory buildings rather than a capacity and skill building process through certain stages. Industrial policy helps countries advance through those stages. Explaining technical concepts in understandable terms, the book discusses the capacity and limits of the developmental state in industrialization and in general in economic development, demonstrating how picking-the-winner type focused industrial policy has worked in different countries. It also discusses how industrial policy and science, technology and innovation policies should be sequenced for best results.
