Competitiveness and Development

Competitiveness and Development

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In a€˜Competitiveness and Developmenta€™, the author explains the confusion surrounding the concept of competitiveness in the context of developing countries; proposes policies for achieving competitiveness at a high level of development; examines its possibilities and constraints; and suggests policy changes necessary at the national and international levels. Shafaeddin illustrates how developed countries impose restrictive policies on developing countries through international financial institutions and the WTO, as well as regional and bilateral agreements, which limit their policy space for promoting dynamic comparative advantage in order to achieve competitiveness at a high level of development. Ultimately, such policies lock developing countries that are at early stages of development in specialization based on static comparative advantage and competitiveness at a low level of development.... While there may be a pressure for implementing alternative reform programmes, the government of a developing country is not often in ... forces and reallocation of resources include lack of education and training facilities, lack of credit market and marketing facilities, etc. ... government as the philosophy behind SAPs and SPs advocates the diminishing role of the government in the economy in general.


Title:Competitiveness and Development
Author: Mehdi Shafaeddin
Publisher:Anthem Press - 2014-10-01
ISBN-13:

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