Tuesday, April 29, 2008
Two Questions on Economic Growth in Developing Countries
by Ken Houghton
Cross-posted at Economics Question of the Day.
- If the prescription for open markets and universal trade used by many of the "Washington Consensus" is accurate, can someone please cite two examples (I'd probably settle for one, but it would have to be a Really Good One) of companies that have made the transition using that method?
- Relatedly, how is a country supposed to develop a Competitive Advantage in such a scenario?
Cross-posted at Economics Question of the Day.
Labels: Economic Development, free riders, free trade
