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.
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McKinnon, R. I., Money and Capital in Economic Development, The Brookings Institution (Washington, 1973).
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© 1977 The Nobel Foundation
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Ohlin, B., Hesselborn, PO., Wijkman, P.M. (1977). Summary of the Discussion. In: Ohlin, B., Hesselborn, PO., Wijkman, P.M. (eds) The International Allocation of Economic Activity. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-03196-2_37
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DOI: https://doi.org/10.1007/978-1-349-03196-2_37
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-03198-6
Online ISBN: 978-1-349-03196-2
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