Стандартная модель международной торговли и теорема Столпера-Самуэльсона: почему коррупция никак не влияет на экономическое развитие, а от снижения торговых барьеров больше всего страдают олигархи

The Standard Model and the Stolper-Samuelson Theorem: On the (Zero) Impact of Corruption on Economic Development

Victor Spirin

MPRA Paper from University Library of Munich, Germany

Abstract: The standard model of international trade demonstrates the inevitability of deindustrialization of a developing country in the face of premature liberalization of foreign trade with the developed world. This result is a consequence of elementary mathematical optimization and does not depend on the retreat from democratization and glasnost, the rule of law, or the corruption of the economic or political system. In this article, we will especially emphasize the fact that the reasons for the deindustrialization of the Russian economy should not be sought in any inefficiency of the economic system, but corruption, on the contrary, may have been the engine of economic development in historical examples. In addition, from the consideration of the Stolper-Samuelson theorem, it follows that in a developing country with the liberalization of foreign trade, the oligarchs are the most affected class. The reason for this is the huge amount of capital that is completely incommensurable with the stolen, which is given to foreigners: instead of developing our own machine-building, electronic and other high-tech industries, and growing our oligarchs in these industries, all the money was given without a fight to foreign oligarchs.

Keywords: Vanek-Reinert effect; free trade; standard model; macroeconomic effect of globalization (search for similar items in EconPapers)
JEL-codes: F6 F62 F63 (search for similar items in EconPapers)
Date: 2023-05-07
New Economics Papers: this item is included in nep-cis and nep-des
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