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We examine variations in the South-North ratios (emerging vs. industrialized countries) of energy and labor intensities driven by imports. We use the novel World Input-Output Database (WIOD) that provides bilateral and bisectoral data for 40 countries and 35 sectors for 1995-2009. We find...
Persistent link: https://www.econbiz.de/10013080625
Why the concept of the third world is out-of-date -- Post-industrialism and the third world -- Goodbye third world -- The culture of idustrialism and the third world -- Whither goes globalism? -- Post-industrial education and the third world -- The third world and the popular imagination --...
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This paper discusses issues arising from development centred on the satisfaction of basic needs, and more generally, questions of distribution and of North-South relations. A critical review is made of prevalent approaches to development and trade, which are based on economic theories that...
Persistent link: https://www.econbiz.de/10014209624
Differences in property rights create a motive for trade among otherwise identical regions. Two regions with identical technologies, endowments, and preferences will trade if one, the South, has ill-defined property rights on environmental resources. Trade with a region with well-defined...
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