Economic Theory and the Underdeveloped Countries |
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advanced countries allocation of resources applicability of economic argued balanced growth Balogh Brazil concept current writings deficit financing degree of population demand and supply developed countries development planning different types domestic market dualism economic development economies of scale exchange economy export increasing international aid India Indian model inflationary Institutional economists institutional framework international trade theory investment programme Keynesian labour laissez-faire approach laissez-faire policy Latin America line of attack line of criticism macro-economic approach market forces actually market imperfections market mechanism misallocation of resources mixed economy Myint Myrdal national income optimum allocation optimum approach overall overpopulated countries particularly Perfect Competition model play of market population pressure pre-take-off problem production question the relevance questioned the applicability ratio of foreign realism rice scarce resources social Southeast Asia static optimum theory stress subsistence sector systematic study take-off techniques tendency trade to national type of criticism types of underdeveloped underdeveloped countries welfare economics