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Economic relations with newly industrialising countries

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Intereconomics

Abstract

It is often maintained, with reference to the increasing competition from newly industrialising countries, that Western support for the development of LDCs' economies would only amount to supplying the rope with which one will later be hanged. Our author argues that, contrary to that opinion, the coming into existence of NICs should be looked upon not as a threat, but as a chance for improvement of the international division of labour and for further growth.

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References

  1. For the structure of maturity of. Wissenschaftlicher Beirat belm Bundesministerium für Wirtschaftliche Zusammenarbeit, Ausschuß Internationale Verschuldung: Stellungnahme zur Auslandsverschuldung der Entwicklungsländer, Hamburg, 11 April 1983, p. 3; and Aktueller Informationsdienst Lateinamerika No. 15/16, Hamburg 1982

  2. Cf. Morgan Trust Company of New York World Financial Markets New York 1982, p. 5.

  3. UNIDO: The impact of trade with developing countries on employment in developed countries. Empirical evidence from recent research, UNIDO/ICIS 85, Vienna 1978, inter alla ceals with the employment ettects in Industrial countries owing to increased trade relations with LDCs.

  4. Cf. inter alia H. Dicke, H. H. Glisman, E.-J. Horn, A. D. Neu: Beschäftigungswirkungen einer verstärkten Arbeitstellung zwischen der Bundesrepublik und den Entwicklungsländern, Kieler Studien 137, Tübingen 1976; Rationalislerungs-Kuratorium der Deutschen Wirtschaft, Battelle Forschungszentrum, Genf, und ifoinstitut für Wirtschaftsforschung, München: Direktinvestitionen der ceutschen Wirtschaft—die Industrialisierung der Entwicklungsländer and ihre Rückwirkungen auf die deutsche Wirtschaft Perspektiven bis 1990, Eschborn 1981.

  5. A summary of measures for structural adjustment is given by the Research Report of the Federal Ministry for Economic Cooperation, H. Körner, K. H. Grünewald, J. Plathotthathie: Industrielle Arbeitsteilung zwischen Industrie-und Entwicklungsländern und Strukturanpassung, Munich 1981.

  6. Cf. Export Commssion “Export promotion Baden-Württemberg”. EFK, Final Report, Stuttgart 1982; and “To force economic cooperation with the Third World” (no author), in epientwicklungspolitische informationen, 12/82, pp. 13.

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This article is a revisec and edited version of a paper presented to the Association of European Conjuncture Institutes in Athens, 2–3 May 1983.

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Kebschull, D. Economic relations with newly industrialising countries. Intereconomics 18, 286–293 (1983). https://doi.org/10.1007/BF02928232

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  • DOI: https://doi.org/10.1007/BF02928232

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