Economic Development Strategy, Openness and Rural Poverty
- Topics:
- Competitive Strategy,
- Investment Strategy
- Source:
- United Nations University
FREE Registration is required
Overview: This paper argues that both openness and poverty in a country are endogenously determined by the country's long-term economic development strategy. Development strategies can be broadly divided into two mutually exclusive groups: the Comparative Advantage-Defying (CAD) strategy, which attempts to encourage firms to deviate from the economy's existing comparative advantages in their entry into an industry or choice of technology; and the Comparative Advantage-Following (CAF) strategy, which attempts to facilitate the firms' entry into an industry or choice of technology according to the economy's existing comparative advantages.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: PDF | Size: 367KB | Date: Apr 2006 | Pages: 33
People who downloaded this item also downloaded
 |
The Big Push and International Trade: Exports as Investment Strategy |
 |
Teenage Sexual Health |
