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Summary of the Discussion

  • Bertil Ohlin
  • Per-Ove Hesselborn
  • Per Magnus Wijkman

Abstract

The discussion first considered the explanations and policy implications of the ‘differential effects’ of institutional limitations on the traditional and the modern sectors in less developed countries. It also dealt with the possibility of analysing these institutional factors within the framework of standard trade theory. This session was chaired by Ronald W. Jones.

Keywords

Interest Rate Institutional Factor High Interest Rate Traditional Sector Modern Sector 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Note

  1. 1.
    McKinnon, R. I., Money and Capital in Economic Development, The Brookings Institution (Washington, 1973).Google Scholar

Copyright information

© The Nobel Foundation 1977

Authors and Affiliations

  • Bertil Ohlin
  • Per-Ove Hesselborn
  • Per Magnus Wijkman

There are no affiliations available

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