Global growth and international cooperation: a structuralist perspective
This paper revisits the structuralist ideas on trade and growth and suggests (based on the Prebisch's principle of implicit reciprocity) that policies for promoting structural change in the periphery may lead to higher global growth and a better income distribution across countries. The paper discusses the inter-relations and complementarities that exist between autonomous expenditure and industrial and technology policies in the long run. With this objective, we develop a structuralist growth model in which the technology gap and the growth rate of the domestic autonomous expenditure are endogenously determined in a two-country (centre and periphery) international economy. Copyright The Author 2010. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.
Volume (Year): 35 (2011)
Issue (Month): 2 ()
|Contact details of provider:|| Postal: |
Fax: 01865 267 985
Web page: http://www.cje.oupjournals.org/
|Order Information:||Web: http://www.oup.co.uk/journals|
When requesting a correction, please mention this item's handle: RePEc:oup:cambje:v:35:y:2011:i:2:p:383-400. 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: (Oxford University Press)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.