Economic Relations between Socialist Countries and the Third by Deepak Nayyar

By Deepak Nayyar

Show description

Read or Download Economic Relations between Socialist Countries and the Third World PDF

Similar world books

The 2000-2005 World Outlook for Ball and Roller Bearings (Strategic Planning Series)

The liberalization of markets has bring about list degrees of foreign investments. Icon staff Ltd. 's basic challenge is to aid overseas managers to higher plan and enforce thoughts in a world economic climate. It does so via supplying numerous really expert experiences, information bases, guides and prone to its consumers.

The Age of Heretics: Heroes, Outlaws and Forerunners of Corporate Change

Kleiner's booklet The Age of Heretics (1996, Doubleday/Currency), is a background of the thinkers and practitioners who sparked the trendy organizational swap circulation; it used to be a finalist for the Edgar G. Booz award for the main leading edge enterprise ebook of 1996. His drawing close ebook The middle workforce (2003, Doubleday), is an exploration of the hidden reasons of firms in motion.

World Cinemas, Transnational Perspectives (AFI Film Readers)

SCMS Award Winner "Best Edited assortment" the traditional analytical type of "national cinema" has more and more been known as into query via the class of the "transnational. " This anthology examines the premises and results of the coexistence of those different types and the parameters of historiographical ways that go the borders of realms.

Additional resources for Economic Relations between Socialist Countries and the Third World

Example text

In the same way the proportion of total export earnings based directly on the cotton, coffee and sisal markets is 57 per cent in 1973 when sisal twine sales are included. This compares with the 58 per cent share of these three commodities in 1960. It should be noted that such an argument does not deny that the extension into processing activities is a significant development, but in terms of the diversification of commodity trade to reduce the risks of international market fluctuation, little seems to have been achieved.

The fact that some writers lament the absence of such flexibility is praiseworthy, 5 but it does not help make it any more likely or plausible. In reality it is often the case that for individual small or medium sized underdeveloped economies, 22 Socialist Countries and the Third World absolute advantage takes precedence over its comparative variant. This occurs because the capacity constraints, which must be reached if the developed trading partner is to be forced into the either-or choice which will lead him to abandon production of goods in which he has the smallest absolute advantage, are not often operative.

Year to year fluctuations in total foreign exchange earnings from commodity trade were naturally less pronounced, but even they ranged from a drop of 11 per cent to an increase of 26 per cent over the previous year. Little wonder that a 1964 study of trade prospects concluded that 'in this sector any estimates, however careful, are very liable to be quite far from the mark, particularly as regards performance in any particular year' . 11 Under such conditions planning becomes very difficult indeed and dependence takes on a very real meaning.

Download PDF sample

Rated 4.67 of 5 – based on 11 votes

Related posts