Two Questions on Economic Growth in Developing Countries
- If the prescription for open markets and universal trade used by many of the "Washington Consensus" is accurate, can someone please cite two examples (I'd probably settle for one, but it would have to be a Really Good One) of companies that have made the transition using that method?
- Relatedly, how is a country supposed to develop a Competitive Advantage in such a scenario?
Cross-posted at Marginal Utility.
Labels: economic development, free riders, free trade
posted by Ken Houghton at 10:07
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