Trade and Sustainable Finance for Development

Gianni Vaggi

No DP2002-64, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Sustainable development is a long-term process, and as such must be examined carefully. Development implies structural changes of many different types, ranging from purely economic aspects to those affecting the personal circumstances of people. Changes take time, all the more so when dealing with structural change in the economic composition of output/exports, as well as in the habits and norms that regulate consumption and saving patterns. Thus, we are dealing with a long-term process, in which the evolution of the process itself and initial conditions are of extreme importance.

Keywords: Public debt; International trade; Sustainable development (search for similar items in EconPapers)
Date: 2002
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