Impacts of North-South Cooperation on World Regional Growth: A Simulation

M L Cordova
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M L Cordova: 10631 Weymouth Street, Apt 201, Bethesda, MD 20814, USA

Environment and Planning C, 1986, vol. 4, issue 2, 221-231

Abstract: Under the optic of North-South cooperation, the impacts that optimistic policies and assumptions have on future economic growth of centrally planned economies, nations of the Organization of Petroleum Exporting Countries (OPEC), less developed nations (excluding OPEC nations), and developed capitalist nations are examined using a simulation of a four-region world econometric model, COLD. Special focus is given to developing and developed regions, and it is suggested that the level of effort required to implement a North-South cooperation is relatively modest and economically viable for the donor developed region while being significant for the development of the recipient less developed region. The conclusion suggests that—being morally correct—North-South cooperation, if wisely and creatively implemented, may have a favorable economic effect on the donor region while helping decisively to improve the situation of the Third World.

Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envirc:v:4:y:1986:i:2:p:221-231

DOI: 10.1068/c040221

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