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Theory suggests a significant positive relationship in long-run equilibrium between net foreign assets (NFA) as a proportion of GDP and real exchange rates. Empirical tests have ignored two issues: the large variation in cross-country trade/GDP ratios, which is likely to induce substantial...
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-addition and high-quality goods, export-led growth may not be a poverty-reducing strategy. TOC:Introduction.- Dimensions of Quality … Problem in Developing Countries.- Theories of Quality Choice.- Income Distribution, Trade Policy and Export Quality.- Wage … Policy, Standards and the Labour Market.- Inter-Linkage Between Skill Formation and Export Quality.- Dirty Exports and …
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-addition and high-quality goods, export-led growth may not be a poverty-reducing strategy in the short run. …-intensive, high value-addition and high-quality goods, export-led growth may not be a poverty-reducing strategy in the short run …
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