Posts Tagged comparative advantages
Economic Development and Transition: Thought, Strategy, and Viability
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In Economic Development and Transition, renowned development economist Justin Yifu Lin argues that economic performance in developing countries depends largely on government strategy. If the government plays a facilitating role, enabling firms to exploit the economy’s comparative advantages, its economy will develop successfully. However, governments in most developing countries attempt to promote industries that go against their comparative advantages by creating v… More >>
Economic Development and Transition: Thought, Strategy, and Viability
Tags: comparative advantages, developing countries, Development, Economic, economic development, economic performance, economist, government strategy, governments, justin yifu lin, Strategy, Thought, Transition, ViabilityRelated posts