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This study seeks to identify the determinants of Brazil's favourable export performance until the mid-1980s, especially in the field of manufactured goods. Two hypotheses figure prominently in the analysis. The export success may be due to Brazil's specialization in industries which made intensive use of the country's relatively abundant productive factors. Alternatively, economic policies may be responsible for the success in manufactured exports.
This paper presents new estimates of export and import equations for Argentina, using a broader set of variables than previous studies and distinguishing between intra- and extra-MERCOSUR trade. It measures the importance of relative price versus income effects in accounting for the higher trade deficit during the 1990s, and examines whether foreign trade elasticities have increased as a result of structural changes in the economy. It finds that the high income elasticity of imports and the responsiveness of exports to changes in world commodity prices, domestic absorption, and economic activity in Brazil have been key determinants of Argentina’s trade balance.
This edition of OECD's periodic survey of Brazil's economy finds progress in achieving macroeconomic stability and good growth prospects but recommends consolidating macroeconomic adjustment, boosting innovation performance, and improving labour ...
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.
Develops ideas and offers new approaches to the topic of trade theory.
With the relationship between trade policy and industrialization coming in for increasingly close scrutiny, this book assesses how far trade policy has promoted economic growth in fourteen developing countries in the 1970s and 1980s.
This study focuses on the problems and prospects of the automobile and the steel industries contributing to Brazilian economy in the international division of labour. It gives insights on importance of the competing hypotheses on the manufactured export performance of these industries.
A reference for graduate and undergraduate students presenting the bibliographic details and sometimes describing and evaluating the content of over 5,000 books in English, most published since 1945 and many quite recently, but also some earlier works of enduring importance. A section of works on all three continents is followed by sections on each, which first consider the continent as a whole, then each country, usually by chronological periods and topics such as economics, politics, and society. Indexed only by author and editor, but the table of contents is detailed enough to provide adequate access. Distributed in the US by St. Martin's Press. Annotation copyright Book News, Inc. Portland, Or.