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BACKGROUND OF THEORIES AND PRACTICES
THE MODEL AND METHODOLOGIES
viin Leading Items in U S General Imports from
agriculture balanced Bank of Korea capital formation comparative advantage competitiveness consumption costs created by exports declined defense expenditures Developing Countries domestic demand expansion domestic market Economic Development Economic Growth Economic Planning EDPs efficiency equation evaluated EXP(t export expansion rates export promotion export-led growth final demand Financial GATT GDP share government intervention growth rate growth strategy higher in Korea higher in Taiwan import substitution incentives income distribution income equality income inequality increased inflation rate input-output method Input-Output Tables interest rates International investment Japan Korea and Council Korea and Taiwan Korea Taiwan labor labor-intensive LDCs linkages market liberalization million output period political protectionism ratio Republic of China resource allocation SELECTED YEARS Percent Seoul shown in Table Sources South Korea Stabilization Policies structural changes Tables for Korea Taipei Taiwanese technology transfer tertiary trade conflicts Trade Policy U.S. dollars U.S. trade unbalanced growth value added World Bank Wrks