Titlebook: Economic Development for Latin America; Howard S. Ellis Book 1961 Palgrave Macmillan, a division of Macmillan Publishers Limited 1961 Amer

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Financial Institutions and Economic Development,nt. Financial institutions are appraised with reference to the gathering and employment of funds. The respective rôles of private institutions and of government institutions and government controls are discussed briefly in connection with the employment of funds.

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International Trade Theory and Development Policy,efficiency. The optimum pattern of specialization is governed by the principle of comparative advantage. This principle remains as valid today as it was in Ricardo’s time. And yet there is some question whether it alone can give all the guidance needed by countries whose dominant and deliberate aim

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Terms of Trade and Economic Development,r factual material, but it does not present any new empirical facts nor does it contain new computations. The paper is, to a large extent, critical and polemical. That is to say, it tries to disprove certain widely held notions, historical generalizations, as well as policy conclusions which have be

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Stabilization of Proceeds from Raw Material Exports,shed predecessors. But though the area is well travelled, it still permits occasional discoveries, thanks to the continued shifting of the economic scene. Each age views commodity stabilization in the light of its own special problems. The problems of the 1950s differ, in many important respects, fr

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epicardium

Exchange Controls and Economic Development,ructure of most Latin American countries, economic development will be understood to mean the raising of the level of real income ., mainly through direct and indirect measures aiming at an increase in the rate of capital formation. There are three basic elements in the concept thus interpreted: fir

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微不足道

Economic Prospects of Primary Products,re other economists, one can hardly call them a school, who believe that primary products are in a strong and strategic position because of widespread industrialization and because of the upsurge in population growth now under way. Industrialization requires vast additional quantities of raw materia

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Agricultural Versus Industrial Development,eased aggregate demand for agricultural products. Section VI makes out a case for accelerated agricultural investment with a view to maximizing the rate of transformation of unproductive labour into productive labour. Section VII examines the effects on the economy of varying rates of agricultural d