This article discusses questions of appropriate technology in a particular case. The case study shows that ill-advised government price policies can lead to inappropriate choices that have a substantial...
Technological development usually is not associated with the industrialization of developing countries because intervention plays only a minor part. However, industrialization adds to the variety of products...
Economic development is a complex process in which both the private and public sectors have important roles to play. Their roles are best played if they can be cast as partners in helping to achieve growth...
In his well-known article on "The Interdependence of Investment Decisions," Chenery investigated the consequences of economies of scale in production activities that are related through the use of intermediate...
This paper argues that the emiprical evidence does not disprove the efficacy of high levels of selective infant industry protection. The argument is based on two types of evidence. Recent research on technological...
Korea's overall development performance since the policy reforms in 1964-1965 has been striking. The role of monetary and fiscal policy in increasing public and private savings has been a key factor. But...
This paper investigates the propensity of developing countries to purchase imported machinery rather than indigenously produced machinery at a lower price, based on the purchase of looms for textile weaving...
A static, mixed integer programming model of the mechanical engineering sector is used to address the question of whether interdependence due to economies of scale matters. This model was originally constructed...