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North-South
Trade in Manufactures
New World Order Series: Volume
7
H.W. Singer;
Neelamber Hatti & Rameshwar Tandon (Eds) |
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Experience
of the 1980s showed that the manufactures exports did
not provide the LDCs with any major escape from long-term
deterioration in their terms of trade vis-a-vis the
developed countries. As postulated in the Prebisch-Singer
thesis, many highly indebted countries (HICs), which
did not face any decline in terms of trade of manufactures
exports in the 1960s and early 1970s, faced deterioration
in the 1980-85 period. It seems that the debt pressure
and related need to export at any price, led to deteriorated
terms of trade. Now in the 1990s, expanding exports
is important for development of the LDCs; for them challenge
is to have flexibility to capture markets of the developed
countries.To
what extent increased competition from LDCs exports
harmed the industries of developed countries, the answer
here is not obvious. While there has been growth in
protection, that is perceived to be in national interests,
trade liberalization and industrial restructuring are
politically painful exercise.This
volume brings together recent research work relating
to the following elements of North-South trade.
1. Changing patterns of comparative advantage
2. Market structure and export performance
3. North-South terms of trade; recent evidence
4. Structural change and fallacy of export composition
5. Export opportunities or immiserization
6. Institutional obstacles to SouthSouth trade
7. Alternative approaches to measure structural change.
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Introduction
Acknowledgements
Contributors
PART - A
Changing Patterns of Comparative Advantage
- Comparative Advantage and Free Trade -Paul Streeten
- Consistency Tests of Alternative Measures of Comparative
Advantage -Robert H. Ballance, Helmut Forstner and
Tracy Murray
- The Changing Comparative Advantage of Japan and
the United States -Bela Balassa and Marcus Noland
PART - B
Market Structure and Export Performance
- Developing Countries' Exports of Manufactures: Past
and Future Implications of Shifting Patterns of Comparative
Advantage -Alexander J. Yeats
- Market Structure and LDCs' Manufactured Export Performance
-C.D. Jebuni, J. Love and D.J.C. Forsyth
- Trade in Manufactures, Newly Industrializing Economies
(NIEs) and Regional Development in the World Economy-A
European View -Detlef Lorenz
- A Structural Model for Developing Countries' Manufactured
Exports -Cristian Moran
PART - C
North-South Terms of Trade: Recent Evidence
- Manufactured Exports and Terms of Trade Movements
of Less Developed Countries in Recent Years (1980-87)
-P.Sarkar and H.W. Singer
- The Long-run Determinants of North-South Terms of
Trade and Some Recent Empirical Evidence -David Evans.
- A Demand Function for Internationally Traded Primary
Commodities -David Sapsford
PART - D
Structural Change and Fallacy of Export Composition
- Structural Change: Accommodating Imports from Developing
Countries -Gary P. Sampson
- Penetrating the Fallacy of Export Composition, or
Hobson's "Second Falsehood" Revisited -0. Havrylyshyn
- Inter-Industry and Intra-Industry Specialization
in Manufactured Goods -Bela Balassa and Luc Bauwens
PART - E
Export Opportunities or Immiserization
- Export Opportunities for the South in the Evolving
Pattern of World Trade -Jean Waelbroeck and Jacob
Kol
- The North's Demand for Southern Exports and Immiserization
of the South -Abdelhamid Mahbob and Jeffrey B. Nugent
- Transport Cost Differentials and Competitive Advantages
of Industrial Countries' Exports to ASEAN Countries:
The Example of Philippine Imports -Rolf J. Langhammer
- Does Agricultural Growth in Poor Countries Harm
Agricultural-Exporting Rich Coutries ? -Kym Anderson
PART - F
Institutional Obstacles to South-South Trade
- Policy and Institutional Obstacles to South-South
Trade in Manufactures -Mary Newson and David Wall
- South-South Cooperation: Challenges and Opportunities
-Dragoslav Avramovic
- Impact of Growth and of Agricultural Price Policies
on Patterns of World Trade-A General Equilibrium Approach
-Jean Marc Burniaux
- On Agricultural Subsidies and the GATT Negotiations
-Louis Emmerij
- In Search of a Subsidy Rule for India's Exports
-Tamal Datta Chaudhuri and Arpita Dhar
PART - G
Alternative Approaches to Measure Structural Change
- Newly Industrializing Countries in the World Economy:
NICs, SICs, NECs, EPZs or TEs? -Detlef Lorenz
- Taylor on North-South Trade Patterns and Growth:
A Reformulation and Interpretation -C- Rene Dominique
- North-South Trade and Basic Needs -Graciela Chichilnisky
Index
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Hans
Singer was born in 1910 in the Rhineland. He first studied
economics and social problems at the University of Bonn
where he was much influenced by his teacher Joseph Schumpeter
and Arthur Spiethoff. Since 1969 he has been a Professorial
Fellow at the Institute of Development Studies and Professor
of Economics at the University of Sussex, now Emeritus.
Among his books are Unemployment and the Unemployed;
Economic Development of Under-developed Countries; Economic
Development of the Brazilian North-East (with others);
The Role of Economist as Official Adviser; International
Development, Growth and Change; Perspectives in Economic
Development, The Strategy of International Development,
Technologies for Basic Needs; Rich and Poor Countries;
and The International Economy and Industrial Development.
Neelamber Hatti is mainly involved in research at the
Department of Economic History, University of Lund,
Sweden. Dr. Hatti has written extensively on Trade,
Aid and Rural Development, and Microdemography. He has
also taught at the University of Copenhagen and has
been a visiting Senior Fellow at the Scandinavian Institute
of Asian Studies. He has recently authored (with Rameshwar
Tandon) the study, Exports and Development: The Indian
Experience.Rameshwar Tandon has been involved in teaching
and research work for the last three decades. Now he
works at the Institute for Social and Economic Change,
Bangalore, India. Among his books are Some Perspectives
on India's Trade Policy: Prebisch-Singer Hypothesis
and Terms of Trade (Peripheral Capitalism in the 1980s);
and Exports and Development: The Indian Experience (with
Neelamber Hatti).
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