This book investigates the ways in which the characteristics of a developing country's domestic industrial sector - for example, oligopolistic markets, the position of foreign enterprises, and the acquisition of modern technologies - affect its chances of industrializing far enough to engage in substantial export trade. Particular attention is devoted to the real-world imperfections frequently overlooked by orthodox economists. Case studies are included of, for example, Brazilian civil aircraft, Korean semi-conductors, and the automobile industry in a number of developing countries. The volume contributes to a better appreciation of the actual problems and constraints of industrialization and growth in developing countries and points the way to useful further lines of research.

This book considers the principal sources of agreement and disagreement among policymakers and analysts concerning the current economic problems of Sub-Saharan Africa. A distinguished collection of international and African authors, including economists from the IMF and the World Bank, as well as their critics, addresses the key policy issues in agriculture, trade, macroeconomic management, social issues, privatization, external capital flow, and political economy. An introductory interpretive essay searches for areas of consensus and identifies those of continuing controversy.

This book considers the principal sources of agreement and disagreement among policymakers and analysts concerning the current economic problems of Sub-Saharan Africa. A distinguished collection of international and African authors, including economists from the IMF and the World Bank, as well as their critics, addresses the key policy issues in agriculture, trade, macroeconomic management, social issues, privatization, external capital flow, and political economy. An introductory interpretive essay searches for areas of consensus and identifies those of continuing controversy.

An authoritative assessment of the debate over the role of volatile private capital flows and their impact on developing countries. The book outlines the long history of concern about these issues, going back to preparations for the Bretton Woods agreement. It assesses their acceleration with the growth of international capital and looks at key case studies from Latin America, Asia and Africa to assess the possibilities and problems for national and international policy responses.