Globalisation, social conflict and economic growth

Article Abstract:

The import substituting industrialisation (ISI) method of development, which was advocated by economist Raul Prebisch, has been criticized and dismissed by neoclassical economists in the 1970s. The protectionist principles of ISI have been seen as significant contributing factors to the demise of economies which subscribed to it. However, closer examination of ISI in Latin American countries reveals the method to have little connection with economic decline. On the contrary, ISI was shown to have contributed to unparalleled economic growth in the countries within a 20-year period.

Intnl Economic Policy, Research, International economic relations, Import substitution

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The World Trade Organisation after Seattle

Article Abstract:

Issues are presented concerning the failure of the World Trade Organisation to agree on the Millennium Round of multilateral trade negotiations. The criticism of industrial nations by developing countries is discussed.

Trade Negotiations, Conferences, meetings and seminars, Economic aspects, Industrialized countries, Commercial treaties, Trade agreements, Industrial nations

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Preference erosion, government revenues and non-tariff trade barriers

Article Abstract:

Fears of developing countries about adverse effects of Doha round tariff cuts on their economies are discussed.

United States, Government expenditures, Forecasts, trends, outlooks, Developing Countries, Tariffs & Duties, Tariffs & Quotas, Forecasts and trends, Negotiation, mediation and arbitration, Market trend/market analysis, Tariffs

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