International Trade and Abortive Growth in Thailand and Indo-China
Author: Rajendra K. Sharma
Publisher:
Published: 1978
Total Pages: 84
ISBN-13:
DOWNLOAD EBOOKThe purpose of this paper is to show, through two case studies, that the transmision of growth impulses from the export sector to the rest of the economy might be weakened by a number of factors stemming from the initial resource endowment of the economy and the relative elasticities of supply of these resources. The consequences might be described as arrested or abortive growth. The case studies pertain to two countries in Southeast Asia, Thailand and former (French) Indo-China, covering the period of their entrance into world commerce in the second half of the nineteenth century to the Second World War.