search query: @author Krueger, A.O. / total: 2
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Author: | Krueger, A.O. |
Title: | Virtuous and vicious circles in economic development. |
Journal: | American Economic Review
1993 : MAY, VOL. 83:2, p. 351-355 |
Index terms: | ECONOMIC POLICY POLITICAL ECONOMY |
Language: | eng |
Abstract: | In arenas, such as trade policy where economist's analyses seemed to go largely unheeded, political-economy models were developed. In those models, economic motives of self-interest influence politician's choices of policies and policy instruments. Discussed in this paper are political-economic interaction under import substitution, the virtuous circle under an outer-oriented trade strategy and political-economic interactions in other markets. |
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