Trade, accumulation, and uneven development

Trade, Non-Scale Growth, and Uneven Development

This paper investigates the relationship between trade and economic development using a two-country, non-scale-growth model. Depending on the share of the expenditure for manufactured goods, we obtain two different results with regard to long-run production patterns. If the share of the expenditure is less than or equal to half, the leader country diversifies while the follower country asymptot...

Trade, globalization and uneven development: Entanglements of geographical political economy

Mainstream geographical economics propagates the free trade doctrine, presenting capitalism as entailing, but capable of overcoming, uneven geographical development. Geographers have failed to engage with the international trade theories that rationalize this, or develop alternatives. Beginning with the entanglements through which trade happens, I examine how theories rationalizing the free tra...

ANNUAL FORUM 2005 Trade and Uneven Development: Oppo rtunities and Challenges

The Nics, Global Accumulation and Uneven Development: Implications of a Simple Three-region Model

This paper develops a simple three-region model of the global economy along structuralist lines, with the North, NICs, and the (rest of the) South. The North produces an investment-cumconsumption good while the NICs and the South produce two different consumption goods. The North grows with excess capacity along Kalecki-Keynes lines; the NICs are modelled along Marxian lines with a given rate o...

Institutions, Trade and Development

I In 1961 Burenstam Linder (1961) rocked the boat of the prevailing Heckscher-Ohlin trade theory by noting that much of international trade, particularly in manufactures, was among similar countries, not between countries with disparate factor endowments (as between rich and poor countries). His explanation was in terms of demand, more trade taking place among relatively rich countries with sim...