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"... papers presented to the international symposium "Oligopolies, Technological Innovation and International Competitiveness" organized by the Centre for Research on the Development of Industry and Technology (CREDIT) of the University of Quebec at Montreal in October 1987" -- Introd.
Technological Dependence, Monopoly, and Growth presents the major difficulties of growth that the underdeveloped countries encounter after their initial steps towards industrial progress. This book discusses the problems of economic development in many underdeveloped countries. Comprised of five chapters, this book begins with an overview of the vast differences between the levels of income in the developed and the underdeveloped countries. This text then examines the limited alternatives of underdeveloped economies to the adoption of methods and scales of production that evolved in the advanced economies in adaptation to their large markets and factor proportions. Other chapters consider the complications introduced by the problems of foreign trade. This book discusses as well the kind and degree of government intervention that would result to the transformation of the fundamental characteristics of a capitalist system. The final chapter deals with the economic integration of underdeveloped countries. Economists will find this book useful.
This volume is the result of a conference held at the Institute for Advanced Studies, Vienna. There is still a gap reflected both in fundamental meth odological differences and in the style of analysis between the Walrasian (and Edgeworthian) tradition of general equilibrium theory and the theo retical and policy problems raised in the framework of Keynesian and post-Keynesian macroeconomics. The conference succeeded in bringing together economic theorists working in fields ranging from abstract prob lems of mathematical equilibrium analysis to applied macroeconomic theory, and it is hoped that the present volume will contribute to bridging the above-mentioned hiatus. As organizer of the meeting and editor of its proceedings I want to thank the Institute for Advanced Studies for providing facilities and funds. I am also sincerely grateful to all my colleagues from the Institute for their generous help, in particular to Mrs Monika Herkner without whose assistance and organizational talent the conference would certainly not have been the success it in fact - in the opinion of all participants - turned out to have been. Furthermore, I wish to express my gratitude towards all participants in the meeting and contributors to the volume whose patient support of the whole enterprise proved indispensable. To Mrs Elfriede Auracher I am deeply indebted for her skillful and effective general management of the editorial work and her invaluable assistance in compiling the indexes.