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The maldevelopments due to aid-tied growth-maximisation strategies of the past decades have led to cynicism, and sometimes downright opposition to aid donation by taxpayers in the industrialised countries. On the other hand, radicals in the developing countries view aid as a Trojan horse to...
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This paper reviews the interrelationships between the major forces of telecommunications technology and trade promoting growth in developing countries. The study uses a sample of 93 countries dichotomized in 43 developing and 50 advanced countries using the criterion of per capita income. The...
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The paper models the policy challenges facing globalising developing countries. Models from pure theory of international trade, the small open economy model, growth accounting, the Solow-Swan model, the Gravity Model, Models of Portfolion Diversification, Currency Crises Models. These models are...
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Disappointment about the results of import substituting industrialization strategies as well as the spectacular performance of a few newly industrialised countries have led many developing countries to switch in the 1970s to export oriented industrialization. This analysis cautions against any...
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