Normative premises in the theory of international economics

المؤلف

Horn, Ernst-Jurgen

المصدر

International Economic Relations from Islamic Perspectives

الناشر

البنك الإسلامي للتنمية المعهد الإسلامي للبحوث و التدريب

تاريخ النشر

1992-12-31

دولة النشر

السعودية

عدد الصفحات

22

التخصصات الرئيسية

الاقتصاد و التجارة
الدراسات الإسلامية

الملخص الإنجليزي

The prevailing international economic order is based upon the framework and institutions created at Bretton Woods.

The developed countries, having a larger weight in the decision making processes of international economic institutions backed by their economic power have been managing the International economic system.

This has lead to the demands for New International Economic Order (NIEO).

Since NIEO could not be established for various reasons, the developing countries have to live and survive within the present international economic order.

An analysis of normative premises of theory of international trade has shown that gains from relatively free trade has lost appeal both in the developing and de veloped countries.

New main focus of trade theory is not how countries can mutually gain from trade without government intervention but how a country can gain in international trade from government intervention.

The traditional infant industry argument is now being extended to high technology production in the industrial countries.

At the end, it is recommended that the government of a developing country "should be careful to limit the range of its interventions to what it can manage both administratively and economically.

لغة النص

الإنجليزية

• APA
• MLA
• AMA

نوع البيانات

فصل كتاب

الملاحظات

Includes margin notes : p. 62-64

رقم السجل

BIM-778239