Abstract
The developing countries have to be involved more closely in the international division of labour if they are to be able to play their part in a New International Economic Order. Increased competition in semifinished and finished products and internal substitution processes will pose new problems for the industrialized countries and force them to consider structural readjustments in their own economies.
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References
UNCTAD, Dynamic products in the export of manufactured goods from developing countries to developed market-economy countries, 1970–1976, UNCTAD/ST/MD/18, Geneva 1978.
DIW Wochenberichte 5/1977 and 1/1978. On the problems encountered in input-output calculations for quantifying employment effects in foreign trade cf. Dieter E. Louda, Außenhandel und Beschäftigung (Foreign trade and employment), Beiträge zur Arbeitsmarkt-und Berufsforschung No. 14, Nuremberg 1976, p. 32 ff.
Cf. UNIDO, The impact of trade with developing countries on employment in developed countries—Empirical evidence from recent research, Vienna 1978, UNIDO working paper on structural change No. 3.
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Werner, H. World trade and structural adjustments. Intereconomics 14, 122–126 (1979). https://doi.org/10.1007/BF02924552
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DOI: https://doi.org/10.1007/BF02924552