The adding up problem
The 'adding up problem' was given professional respectability by Cline (1982). It stated that all developing countries could not attain the same level of performance as the East Asian countries because either the markets of the developed world could not cope with the implied increase in th...
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Format: | Article |
Language: | English |
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Associazione Economia civile
2013-11-01
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Series: | PSL Quarterly Review |
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Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11110 |
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author | B. BALASSA |
author_facet | B. BALASSA |
author_sort | B. BALASSA |
collection | DOAJ |
description | The 'adding up problem' was given professional respectability by Cline (1982). It stated that all developing countries could not attain the same level of performance as the East Asian countries because either the markets of the developed world could not cope with the implied increase in the volume of imports or protectionist measures would not allow them to. The argument is backed by the hypothesis of Lewis (1980) that developing country growth is limited by a fixed relationship between their primary exports and growth in the developed countries. This contradicts the reality (manufacturing exports have assumed the increased importance in recent years) and, the author argues, is wrong.
JEL: F43, O11, O14, O53
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first_indexed | 2024-04-10T17:31:43Z |
format | Article |
id | doaj.art-b553863219a74caa84974d28f8cbec70 |
institution | Directory Open Access Journal |
issn | 2037-3635 2037-3643 |
language | English |
last_indexed | 2024-04-10T17:31:43Z |
publishDate | 2013-11-01 |
publisher | Associazione Economia civile |
record_format | Article |
series | PSL Quarterly Review |
spelling | doaj.art-b553863219a74caa84974d28f8cbec702023-02-03T16:45:26ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-11-014216810.13133/2037-3643/11110The adding up problemB. BALASSAThe 'adding up problem' was given professional respectability by Cline (1982). It stated that all developing countries could not attain the same level of performance as the East Asian countries because either the markets of the developed world could not cope with the implied increase in the volume of imports or protectionist measures would not allow them to. The argument is backed by the hypothesis of Lewis (1980) that developing country growth is limited by a fixed relationship between their primary exports and growth in the developed countries. This contradicts the reality (manufacturing exports have assumed the increased importance in recent years) and, the author argues, is wrong. JEL: F43, O11, O14, O53 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11110Growthdeveloping countriesexportsimportsmanufacturing |
spellingShingle | B. BALASSA The adding up problem PSL Quarterly Review Growth developing countries exports imports manufacturing |
title | The adding up problem |
title_full | The adding up problem |
title_fullStr | The adding up problem |
title_full_unstemmed | The adding up problem |
title_short | The adding up problem |
title_sort | adding up problem |
topic | Growth developing countries exports imports manufacturing |
url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11110 |
work_keys_str_mv | AT bbalassa theaddingupproblem AT bbalassa addingupproblem |