The Theoretical Background

Mauricio Moreira

Chapter 1 in Industrialization, Trade and Market Failures, 1995, pp 4-30 from Palgrave Macmillan

Abstract: Abstract As suggested in the introduction, the concepts of IS and EP regimes — which equate interventionism with inward-orientation and liberal policies with outward-orientation — are at the heart of the neoclassical answer to the performance differentials between the NICs. Let us look then at their meaning and at the sort of analysis that lies behind them.3

Keywords: Capital Market; Market Failure; Labour Mobility; Human Capital Investment; Trade Orientation (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23698-5_2

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DOI: 10.1007/978-1-349-23698-5_2

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