Price differentials between LDCs and industrial countries are influenced by many factors. Any new firm or industry must incur the special costs of getting established usually associated with infant industries, including the training of labor and management. In LDCs, these costs are higher and may be stretched over a longer period than in competing industrial countries. Inherent in the basic conditions of many LDCs are several factors that may keep...
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INFORMATION
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1969/01/31
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Document de travail des services de la Banque mondiale
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SWP36
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1
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1
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2010/07/01
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Competitiveness of capital goods industries in selected developing countries
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industrial country