This paper illustrates how experimentation with a system dynamics model may be used to determine the terms of trade for meeting long-term contentions for sustaining global economic relations and environment. It has two parts, a review of empirical evidence that describes the trends in the volume and
International trade and economic growth in a global environment
β Scribed by Alessandro De Matteis
- Publisher
- John Wiley and Sons
- Year
- 2004
- Tongue
- English
- Weight
- 114 KB
- Volume
- 16
- Category
- Article
- ISSN
- 0954-1748
- DOI
- 10.1002/jid.1094
No coin nor oath required. For personal study only.
β¦ Synopsis
Abstract
The present analysis focuses on one of the central aspects of the current process of globalization, that is the liberalization of trade policy aimed at maximizing the favourable effects that an export expansion can generate on economic growth. It has been considered how the relationship between exports and economic growth changes according to income levels as well as during the various phases of economic growth.
It has been found out that integration with the international economy does not seem to constitute a necessary condition in support of the role that an export expansion can play over growth. On the contrary, it has been found out that an increasing international exposure seems to have some negative effects on economic growth. Copyright Β© 2004 John Wiley & Sons, Ltd.
π SIMILAR VOLUMES
T he combination of a globalized work- force with massive mobility is compelling organizations to work with growing numbers of people from different cultures, with different customs, values, beliefs, and practices. This article describes some of the factors HR managers and company leadership must ac
## Abstract Following experience elsewhere in the world, China has pinned its hopes for development on industrialisation and China's economy has grown exceptionally fast in the last two decades. But many unintended environmental consequences have been recognised. This paper asks whether there reall
Also included in the volume is Nolan's well-known Journal of Peasant Studies (1993) critique of Amartya Sen's approach to famines. Nolan argues, based mainly on China's great famine following the disastrous Great Leap Forward of 1958-1959, that Sen's emphasis on people's 'entitlements' to food has o
The global system is marked by a very great asymmetry. The most important economic, political and cultural-ideological goods that circulate around the globe tend to be owned and/or controlled by small groups in a relatively small number of countries (Sklair, 1991).