We identify East Asian growth as an 'emulative process'. Distilling salient facts from a set of particular cases, we construct an example to capture the essence of such technology transfer, where the government of a developing economy may provide adequate incentive for the firms of a developed...

This paper outlines the conditions under which trade is beneficial for a developing country's growth. A developing country suffers from two disadvantages: low income and a comparative disadvantage in the production of modern manufactured goods - goods which allow a high rate of human capital...