The trade with developing countries: Its potentialities and limitations

Jörg Beyfuss

Intereconomics – Review of European Economic Policy (1966 - 1988), 1978, vol. 13, issue 11/12, 287-290

Abstract: The classic view of the theory of foreign trade that unfettered international exchanges of goods enhance the economic welfare of all participating nations is gaining more and more ground in the discussions about development policy. Since past experience has shown capital aid alone to be incapable of lessening the prosperity differential between the North and the South, the “Aid by Trade“ strategy is now of increasing importance. There is however no panacea which would embrace the developing countries more closely in the international goods exchanges.

Keywords: Foreign; Trade (search for similar items in EconPapers)
Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:inteco:139575

DOI: 10.1007/BF02929258

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