International Specialization and the Concept of Balanced Growth

John Sheahan

The Quarterly Journal of Economics, 1958, vol. 72, issue 2, 183-197

Abstract: Introduction, 183. — I. The problem of investment incentives in a low income country, 184. — II. Internal difficulties in the argument for balanced expansion, 188. — III. The role of international trade, 191. — IV. Interdependence of the rate of return on capital and the rate of economic growth, 194. — V. Conclusions, 196.

Date: 1958
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