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Trade Technology And Growth On Analysis And Policies For Developing Countries
by Ram Upendra Das
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In the era of globalization the importance of technology as a determining factor for economic performance has increased leading to technological activities and facilitating global integration process. The increasing importance of technology is manifested also in the theories of economic growth and international trade in the last few decades. However, these theories have not been able to deal with the technology factor in a comprehensive manner. It is concluded in the book that the linkages proposed by the new growth theory from openness to technology to growth cannot be achieved unless a country possesses adequate technological capability to make an optimum use of technological resources; unless the multilateral rules governing technology flows promote technological advantage; unless countries acquire capabilities to translate technological advantage into export comparative advantage and unless technological modernisation efforts are combined with employment-generation policies. ISBN - 8185040788 , 9788185040783
Pages : 255
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