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Capital Movements, The Volume Of Trade And The Terms Of Trade

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Capital Movements and Economic Development

Abstract

In the attempt to create an international economic order conducive of speedy economic growth in the developing countries, much emphasis has been placed on the expansion of world trade, the improvement of the terms of trade of developing countries and the increased flow of capital from rich to poor countries. This emphasis was restated at the United Nations Conference on Trade and Development and has featured prominently in the post-conference discussions.

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Notes

  • O. Eckstein, ‘Investment Criteria for Economic Development and the Theory of Intertemporal Welfare Economics’, Quarterly Journal of Economics, February 1957.

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  • H. B. Chenery and M. Bruno, ‘Development Alternatives in an Open Economy: the Case of Israel’, The Economic Journal, March 1962.

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  • Irma Adelman and H. B. Chenery, ‘Foreign Assistance and Economic Development: the Case of Greece’, Review of Economics and Statistics, February 1966.

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© 1967 International Economic Association

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Onitiri, H.M.A. (1967). Capital Movements, The Volume Of Trade And The Terms Of Trade. In: Adler, J.H. (eds) Capital Movements and Economic Development. International Economic Association Conference Volumes. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15238-4_12

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