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The Importance of Trade for Developing Countries Read chapter Read first chapter

1989 | OriginalPaper | Chapter

The Interaction of Factor and Product Market Distortions in Developing Countries

Author : Bela Balassa

Published in: New Directions in the World Economy

Publisher: Palgrave Macmillan UK

Included in: Professional Book Archive

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This essay will examine distortions in product and factor markets in developing countries, and the interaction of these distortions in respect to the development strategies applied. The analysis will concentrate on policy-imposed distortions, where departures from efficient resource allocation result from policy actions; these contrast with distortions resulting from market imperfections.1

previous chapter Policy Responses to Exogenous Shocks in Developing Countries
next chapter The Cambridge Group and the Developing Countries
Metadata
Title
The Interaction of Factor and Product Market Distortions in Developing Countries
Author
Bela Balassa
Copyright Year
1989
Publisher
Palgrave Macmillan UK
Book
New Directions in the World Economy

Print ISBN: 978-1-349-10590-8

Electronic ISBN: 978-1-349-10588-5

Copyright Year: 1989

DOI
https://doi.org/10.1007/978-1-349-10588-5_3

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