Industry in Developing Countries: Theory, Policy, and Evidence

activities agriculture Amin analysis Argentina argued argument Balassa branches Brazil capacity capital capitalist cent centre Chapter commodities comparative advantage competitive consumer costs create demand Dependency developed economies developing countries discussion distortions domestic market economic efficiency effects estimates evidence example exchange rate expansion export growth external factors firms foreign exchange foreign investment Gang of Four implies import-substitution important incentives indus industrial policy industrialisation infant-industry inputs intervention involvement inward-looking labour labour-intensive Latin America liberalisation linkages major manu manufactured exports measures Neoclassical NICs noted output outward-looking particularly pecuniary externalities performance periphery potential productivity growth profits protection Radical reform regimes relatively role seen shadow prices shift significant socialist South Korea specialisation strategy stress Structuralist structure subsidies Table Taiwan Tanzania tariffs technical change technology exports trade transnationals trialisation unequal exchange utilisation wages whilst World Bank world prices