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This paper investigates the deindustrialization and welfare effects of infrastructure aid in developing countries. In the short run, cost-saving infrastructure aid in the export sector increases the domestic wage rate, whereas the same aid in the import sector lowers it. The cost of nontraded goods rises whether the export or the import sector receives infrastructure aid. Infrastructure aid in the nontraded sector has no effect on domestic factor prices. Laborsaving infrastructure aid causes an expansion of the export sector, while capital-saving infrastructure aid results in a Dutch disease effect in the export sector. If aid is below the optimal level, infrastructure aid increases consumer income and welfare.
Deindustrialization -- Developing countries. --- Economic assistance -- Developing countries. --- Electronic books. -- local. --- Infrastructure (Economics) -- Developing countries. --- Exports and Imports --- Infrastructure --- Macroeconomics --- Economic Theory --- Investment --- Capital --- Intangible Capital --- Capacity --- Trade: General --- Aggregate Factor Income Distribution --- Resource Booms --- International economics --- Economic theory & philosophy --- Exports --- Income --- Dutch disease --- Imports --- Saving and investment --- Economic forecasting --- United States
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This handbook is a detailed exploration of the theories, policies, and issues stemming from the field of International Trade. Written by specialists in the field, the chapters focus on four important areas: factor proportions theory, trade policy, investment, and new trade theory. The extensive analysis covers such topics as the Heckscher-Ohlin Trade Model and the Stolper-Samuelson Price Link, as well as wages, antidumping, and political economics.Explores the theories, policies and issues stemming from the field of International Trade.Focuses on factor proportions theory, trade po
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This second volume of the Handbook of International Trade focuses on the economic and legal analysis of international laws and institutions as they impact trade. Containing chapters written by both economic and legal scholars, this volume encourages cross-discipline discussion with writing that is accessible to those approaching the material from any background. Central issues to those studying international trade are addressed, including:labor, environmental rights, and preferential trade agreements antitrust policy patent rights
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Mention North Korea to people today and they will conjure up many unflattering images, particularly in the wake of George W. Bush denouncing the state as part of an "axis of evil". Despite this cold war type rhetoric, the state of North Korea has begun to recognise the difficult challenges that it faces and is now trying to get to grips with them systematically.This book brings together a selection of many of the world experts on the North Korean economy and covers such important issues as:*possible unification with South Korea*the significance of China's economic success*Europe and the United States' roles in North KoreaNorth Korea in the World Economy provides an accessible, well-written and comprehensive account of this unique country and its economy. It will be extremely interesting not only for students and academics with an interest in Korean studies, international finance and transition economies but also for anyone with an interest in international economics.
Korean reunification question (1945- ) --- Korea (North) --- Economic conditions --- Economic policy --- Foreign economic relations --- Korean People's Republic --- People's Democratic Republic of Korea --- Koreĭskai︠a︡ Narodno-Demokraticheskai︠a︡ Respublika --- Korea (North Korean Government) --- Democratic People's Republic of Korea --- North Korea --- KNDR --- Chʻao-hsien min chu chu i jen min kung ho kuo --- Koreai Népi Demokratikus Köztársaság --- Korea (Democratic People's Republic) --- K.N.D.R. --- K.R.L.D. --- Korea (People's Democratic Republic) --- Korean People's Democratic Republic --- Chōsen Minshu Shugi Jinmin Kyōwakoku --- Chosŏn Minjujuŭi Inmin Konghwaguk --- KRLD --- Koreańska Republika Ludowo-Demokratyczna --- Kūriyā al-Dīmuqrāṭīyah --- D.P.R.K. --- DPRK --- Corée du Nord --- República Popular Democrática de Corea --- Corea (North) --- North Korean Interim Government --- Chosun Minchu-chui Inmin Konghwa-guk --- Chaoxian minzhu zhuyi renmin gongheguo --- 朝鲜民主主义人民共和国 --- KP / North Korea - Noord Korea - Corée du Nord --- 37 --- 331.30 --- 327.1 --- Geografische economie. Monografieën van streken en landen --- Economische toestand --- Buitenlandse politiek. Economische sancties
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