International Capital Mobility and Development Policy in a Dual Economy
This paper introduces international capital mobility in a general-equilibrium model of a small developing economy which is characterized by a dualistic economic structure. The model is then used to analyze the positive and the normative aspects of development policies that are often recommended for achieving employment-related objectives in developing economies. Copyright 1996 by Blackwell Publishing Ltd.
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Volume (Year): 4 (1996)
Issue (Month): 2 (June)
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