This part of the book deals with some of the constraints faced by poor countries in international trade with, and transfer of technology from, rich countries. While there is a large literature on international credit market imperfections, sovereign risk in debt contracts and their macroeconomic implications, there has been much less research done on the implications of these market imperfections on the pattern of international specialization in micro trade theory.
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Autor: Pranab Bardhan
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ULTIMOS COMENTARIOS