Summary of the Discussion
The first part of the discussion concerned positive and normative aspects of trade, growth and development. Akin Mabogunje developed his views on these relationships and the ensuing discussion attempted to clarify the contributions to development resulting from policies of openness and of autarchy. The policies toward multinational enterprises received special attention. The second part concerned how the statistical regularities observed by Hollis Chenery could be used and interpreted. The relationship between Chenery’s approach and trade theory as well as the role of economic policy in his model received particular attention. How did trade and exchange rate policy influence the path and timing of development? This session was chaired by Erik Lundberg.
KeywordsExchange Rate Trade Policy Ivory Coast Capital Inflow Balance Growth
Unable to display preview. Download preview PDF.
- 1.Balassa, B., ‘Growth Strategies in Semi-Industrial Countries’, Quarterly Journal of Economics (February, 1970).Google Scholar
- Biehl, D., Hussmann, E. and Schnyder, S., ‘Zur regionalen Einkommensverteilung in der Europäischen Wirtschaftsgemeinschaft’, Weltwirtschaft, Heft 1 (1972), pp. 64–78.Google Scholar