Technological Dependence, Monopoly, and Growth
Technological Dependence, Monopoly, and Growth presents the major difficulties of growth that the underdeveloped countries encounter after their initial steps towards industrial progress. This book discusses the problems of economic development in many underdeveloped countries.
Comprised of five chapters, this book begins with an overview of the vast differences between the levels of income in the developed and the underdeveloped countries. This text then examines the limited alternatives of underdeveloped economies to the adoption of methods and scales of production that evolved in the advanced economies in adaptation to their large markets and factor proportions. Other chapters consider the complications introduced by the problems of foreign trade. This book discusses as well the kind and degree of government intervention that would result to the transformation of the fundamental characteristics of a capitalist system. The final chapter deals with the economic integration of underdeveloped countries.
Economists will find this book useful.
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CHAPTER 1 UNDERDEVELOPMENT MARKET SIZE AND TECHNOLOGICAL DEPENDENCE
CHAPTER 2 MONOPOLISTIC STRUCTURES AND GROWTH
I THE CASE OF LAISSEZFAIRE
II THE CASE OF A MIXEDENTERPRISE SYSTEM
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achieved additional advanced countries advanced economy analysis assume assumption become behaviour capital capitalist sector CELso FURTADo changes commodities comparative advantage competitive structure consumers consumption cost Cost-capacity ratio demand curve developed countries diversification domestic market economic development economic growth economic surplus economies of scale effect efficiency entrepreneurs entry equilibrium established excess capacity existing expansion export sector extent factors firms function given goal higher imperfect competition import substitution income increase industry structure initial investment outlets Japan Joan Robinson labour Latin America limited long-run lower manufactured marginal ment monopolistic structure monopoly NATHAN RosENBERG oligopolistic oligopolistic structure oligopoly original industry plant political possible private enterprise system problem rate of accumulation rate of profit reduce relatively result rise scale of production scales of output social stagnation supply surplus technical progress techniques technological dependence tend tendencies theory tion traditional underdeveloped countries underdeveloped economy United Nations wage