IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Trade, Technology and Financing for Development

  • Jan Kregel

The long-term trend decline in the terms of trade of primary commodities against developed country manufactured goods is usually cited as a major impediment to the growth in per capita incomes in developing countries and the inapplicability of the theory of comparative advantage in the design of development policy. However, as developing countries have expanded their production of industrial output they have been faced with two additional barriers to successful development. The first is the impact of opening their capital markets to foreign investments, creating a tendency for decline in the financial terms of trade with developed countries. The second is the impact of knowledge-based technological change that makes it difficult for developing countries to acquire the increased productivity associated with best-practice techniques, creating a tendency toward a decline in the technological terms of trade. The article thus generalizes the concept of the declining terms of trade to finance and technology.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=40389&Tipo=ArticoloPDF
Download Restriction: Single articles can be downloaded buying download credits, for info: http://www.francoangeli.it/riviste/inglese_download_credit.asp

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by FrancoAngeli Editore in its journal STUDI ECONOMICI.

Volume (Year): LXV (2010)
Issue (Month): 100 ()
Pages: 145-155

as
in new window

Handle: RePEc:fan:steste:v:html10.3280/ste2010-100008
Contact details of provider: Web page: http://www.francoangeli.it/riviste/sommario.asp?IDRivista=59

Order Information: Web: http://www.francoangeli.it/riviste/Elenco_Prodotti.aspx?startCode=DC Email:


No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:fan:steste:v:html10.3280/ste2010-100008. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Angelo Ventriglia)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.