The Competitiveness of Capital-Goods Industries in Developing Countries

Barend Devries
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Barend Devries: World Bank.

The Pakistan Development Review, 1968, vol. 8, issue 2, 226-239

Abstract: In the past two decades developing countries have invested an increasing proportion of their resources in new industries and the infrastructure needed to support them. Many of the new industries have been light, simple and consumer- oriented. But a significant number of LDC's, mostly the larger or richer ones, hav~ established heavy, more complex capital-goods industries. Both sectors of industry have been largely domestic-oriented, although there are some LDC's which have succeeded in sharply increasing their industrial exports, mostly of light and simple products.

Date: 1968
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