1st Edition

Trade, Growth and Development The Role of Politics and Institutions

Edited By Göte Hansson Copyright 1993

    Since the end of the second world war the economic gap between rich and poor countries has steadily widened. Trade, Growth and Development examines this disparity and assesses the reasons why some developing countries have been more successful than others. The book is divided into four parts: Part I examines recent developments in the theory of trade, growth and economic development; Parts II to IV present an empirical analysis of policy and performance in Latin America, Asia and Africa. As well as offering an analysis of traditional economic factors the book also emphasises the role of politics and institutions in the process of economic development.

    Preface INTRODUCTION Part I Recent developments in the theory of trade, growth and economic development 1 INSTITUTIONS, KNOWLEDGE, TRADE AND GROWTH: A PERSONAL ADDRESS 2 THE NEW GROWTH THEORY, TRADE AND DEVELOPMENT: SOME BRIEF REFLECTIONS 3 WAGE DISPERSION, INTERNATIONAL TRADE AND THE SERVICES SECTOR Part II Latin America 4 SPAIN AND THE CONQUEST OF AMERICA: PROFITS, RELIGION AND FORCED LABOUR IN THE FIFTEENTH AND SIXTEENTH CENTURIES 5 DO TERMS OF TRADE MATTER? TERMS OF TRADE AND ECONOMIC PERFORMANCE IN CENTRAL AMERICA 6 ELEMENTS DETERMINING THE COMPETITIVENESS OF GUATEMALAN PRIMARY EXPORTS 7 FOREIGN FIRMS AND STRUCTURAL ADJUSTMENT IN LATIN AMERICA: LESSONS FROM THE DEBT CRISIS Part III Asia 8 EAST ASIAN DEVELOPMENT AND JAPANESE DIRECT INVESTMENT 9 DIRIGISME OR FREE-TRADE REGIME? A HISTORICAL AND INSTITUTIONAL INTERPRETATION OF THE TAIWANESE SUCCESS STORY 10 TRADE AND DEVELOPMENT: THE EXPERIENCE OF KOREA AND TAIWAN 11 ECONOMIC REFORMS UNDER AN IMPORT-SUBSTITUTION REGIME: THE EXPERIENCE OF BANGLADESH Part IV Africa 12 EXCHANGE RATE POLICY AND MANAGEMENT IN THE CONTEXT OF ECONOMIC REFORMS IN SUB-SAHARAN AFRICA: TANZANIA AS AN ILLUSTRATIVE CASE 13 MACROECONOMIC ADJUSTMENT AND TRADE LIBERALIZATION IN KENYA, UGANDA AND ZAMBIA 14 INTERNATIONAL TRADE AND ECONOMIC GROWTH: THE EXPERIENCE OF ETHIOPIA 15 REGIONAL ECONOMIC INTEGRATION AND INTRA[1]AFRICAN TRADE: ISSUES FOR DEVELOPMENT

    Biography

    Göte Hansson is associate professor of economics, School of Economics and Management, University of Lund, Sweden.