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Problems of LDC-collaboration

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  1. The remainder of this section is more fully discussed in the author's Leading Issues in Economic Development, Oxford University Press (Second edition, 1970), Chapter VIII.

  2. Jacob Viner, The Customs Union Issue, New York, 1950, pp. 48-52. Consumption effects as well as production effects are considered by R. G. Lipsey, “The Theory of Customs Union: Trade Diversion and Welfare”, Economica, February 1957, p. 41.

  3. R. G. Lipsey, “The Theory of Customs Unions: A General Survey”, Economic Journal, September 1960, pp. 507-9. This conclusion rests, however, on the assumption that there are no productive economies of large scale.

  4. Lipsey, op. cit., pp. 506-507; W. M. Corden, Recent Developments in the Theory of International Trade, Princeton, 1965, p. 54.

  5. Cf. UNCTAD Secretariat, Trade Expansion and Economic Integration Among Developing Countries, New York, 1967, p. 21. For the acute forms of this problem in relation to integration in Latin America see M. S. Wionczek (editor), Latin American Economic Integration, New York, 1966, pp. 12-14; Inter American Development Bank, Multinational Investment in the Economic Development and Integration of Latin America Bogota April 1968, pp. 37-40, 47-48.

  6. See Dudley Seers, “Big Companies and Small Countries” Kyklos, Vol. 16, Fasc. 4. pp. 599-607; Reginald H. Green and Ann Seidman, Unity or Poverty? The Economics of Pan- Africanism, Penguin African Library, 1968, pp. 99-131.

  7. A distinction should be made between “integration” and “collaboration”. Cf. Bela Balassa, “Toward a Theory of Economic Integration”, in: Wionczek, op. cit., p. 24.

  8. Paul N. Rosenstein-Rodan, „Multinational Investment in the Framework of Latin American Integration”, in: Inter American Development Bank, op. cit., p. 85.

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    Gerald M. Meier

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Meier, G.M. Problems of LDC-collaboration. Intereconomics 5, 41–44 (1970). https://doi.org/10.1007/BF02928276

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