SlideShare una empresa de Scribd logo
1 de 28
Chapter 10  Trade Policy in Developing Countries Prepared by  Iordanis Petsas To Accompany   International Economics: Theory and Policy ,  Sixth Edition by  Paul R. Krugman and Maurice Obstfeld
Chapter Organization ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],Introduction
Introduction Table 10-1 : Gross Domestic Product Per Capita, 1999 (dollars)
[object Object],[object Object],Import-Substituting Industrialization
Import-Substituting Industrialization ,[object Object],[object Object],[object Object],[object Object]
Import-Substituting Industrialization ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Import-Substituting Industrialization
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Import-Substituting Industrialization
[object Object],[object Object],[object Object],[object Object],Import-Substituting Industrialization
Import-Substituting Industrialization Table 10-2 : Exports as a Percentage of National Income, 1999
[object Object],[object Object],[object Object],Import-Substituting Industrialization
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Import-Substituting Industrialization
Import-Substituting Industrialization Table 10-3 : Effective Protection of Manufacturing in Some Developing    Countries (percent)
Problems of the Dual Economy ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Problems of the Dual Economy
[object Object],[object Object],[object Object],[object Object],[object Object],Problems of the Dual Economy
Problems of the Dual Economy Figure 10-1 : The Effect of a Wage Differential L 1 P F   x  MPL F P M  x  MPL M O M O F Value of marginal products, wages W M B L 2 A W F C Labor employed in manufactures Labor employed in food Total labor supply
[object Object],[object Object],[object Object],[object Object],[object Object],Problems of the Dual Economy
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Problems of the Dual Economy
Export-Oriented Industrialization: the East Asian Miracle ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Export-Oriented Industrialization: the East Asian Miracle
[object Object],[object Object],[object Object],[object Object],Export-Oriented Industrialization: the East Asian Miracle
Export-Oriented Industrialization: the East Asian Miracle Table 10-4 : Average Rates of Protection, 1985 (percent)
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Export-Oriented Industrialization: the East Asian Miracle
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Export-Oriented Industrialization: the East Asian Miracle
Summary ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],Summary

Más contenido relacionado

La actualidad más candente

Monetarism
MonetarismMonetarism
Monetarism
U6410
 
Hypothesis of secular deterioration of terms of trade
Hypothesis of secular deterioration of terms of tradeHypothesis of secular deterioration of terms of trade
Hypothesis of secular deterioration of terms of trade
Ritika Katoch
 

La actualidad más candente (20)

Lewis model
Lewis modelLewis model
Lewis model
 
Monetarism
MonetarismMonetarism
Monetarism
 
Hypothesis of secular deterioration of terms of trade
Hypothesis of secular deterioration of terms of tradeHypothesis of secular deterioration of terms of trade
Hypothesis of secular deterioration of terms of trade
 
Trade Creation & Diversion
Trade Creation & DiversionTrade Creation & Diversion
Trade Creation & Diversion
 
The International Economy
The International Economy The International Economy
The International Economy
 
Meeting 5 - Leontief Paradox (International Economics)
Meeting 5 - Leontief Paradox (International Economics)Meeting 5 - Leontief Paradox (International Economics)
Meeting 5 - Leontief Paradox (International Economics)
 
The linder hypothesis- Li Wenwen
The linder hypothesis- Li WenwenThe linder hypothesis- Li Wenwen
The linder hypothesis- Li Wenwen
 
Harrod domar model of growth
Harrod domar model of growthHarrod domar model of growth
Harrod domar model of growth
 
International debt problem
International debt problemInternational debt problem
International debt problem
 
international trade theories
international trade theoriesinternational trade theories
international trade theories
 
Classical Theory of International Trade
Classical Theory of International TradeClassical Theory of International Trade
Classical Theory of International Trade
 
Harrod domer model PPT
Harrod domer model PPTHarrod domer model PPT
Harrod domer model PPT
 
Meeting 4 - Stolper - Samuelson theorem (International Economics)
Meeting 4 - Stolper - Samuelson theorem (International Economics)Meeting 4 - Stolper - Samuelson theorem (International Economics)
Meeting 4 - Stolper - Samuelson theorem (International Economics)
 
Solow groth model 2
Solow groth model 2Solow groth model 2
Solow groth model 2
 
Leontief Paradox.pptx
Leontief Paradox.pptxLeontief Paradox.pptx
Leontief Paradox.pptx
 
Partial equilibrium, reference pricing and price distortion
Partial equilibrium, reference pricing and price distortion Partial equilibrium, reference pricing and price distortion
Partial equilibrium, reference pricing and price distortion
 
Supply-Side Economics
Supply-Side EconomicsSupply-Side Economics
Supply-Side Economics
 
Absolute income hypothesis
Absolute income hypothesisAbsolute income hypothesis
Absolute income hypothesis
 
Trade cycle output_gaps
Trade cycle output_gapsTrade cycle output_gaps
Trade cycle output_gaps
 
Chap5(the open economy)
Chap5(the open economy)Chap5(the open economy)
Chap5(the open economy)
 

Similar a Krugman obstfeld-ch10

Chapter 5 How Managers Use Balance of Payments Data – p.213Do.docx
Chapter 5   How Managers Use Balance of Payments Data – p.213Do.docxChapter 5   How Managers Use Balance of Payments Data – p.213Do.docx
Chapter 5 How Managers Use Balance of Payments Data – p.213Do.docx
robertad6
 
Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...
Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...
Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...
Dr.Choen Krainara
 
ECON3501CARIBBEAN ECONOMIC DEVELOPMENTUNIT 4 – ECO
ECON3501CARIBBEAN ECONOMIC DEVELOPMENTUNIT 4 – ECOECON3501CARIBBEAN ECONOMIC DEVELOPMENTUNIT 4 – ECO
ECON3501CARIBBEAN ECONOMIC DEVELOPMENTUNIT 4 – ECO
EvonCanales257
 
Lesson 6 - What you should learn?
Lesson 6 - What you should learn?Lesson 6 - What you should learn?
Lesson 6 - What you should learn?
Missws Choi
 
ECON251 INDUSTRY AND TRADE IN ASIA Tutorial 3 [Topic .docx
ECON251  INDUSTRY AND TRADE IN ASIA Tutorial 3 [Topic .docxECON251  INDUSTRY AND TRADE IN ASIA Tutorial 3 [Topic .docx
ECON251 INDUSTRY AND TRADE IN ASIA Tutorial 3 [Topic .docx
madlynplamondon
 
Rao 4b factors in food security 2 trade and aid
Rao 4b   factors in food security 2   trade and aidRao 4b   factors in food security 2   trade and aid
Rao 4b factors in food security 2 trade and aid
Sizwan Ahammed
 

Similar a Krugman obstfeld-ch10 (20)

krugman-obstfeld-ch10.ppt
krugman-obstfeld-ch10.pptkrugman-obstfeld-ch10.ppt
krugman-obstfeld-ch10.ppt
 
Econimics presentation
Econimics presentation Econimics presentation
Econimics presentation
 
Outcomes of Globalisation: Trade for All
Outcomes of Globalisation: Trade for AllOutcomes of Globalisation: Trade for All
Outcomes of Globalisation: Trade for All
 
Daniels07 im
Daniels07 imDaniels07 im
Daniels07 im
 
Season 9 international trade economic analysis of globalization and pol...
Season 9   international trade   economic analysis of   globalization and pol...Season 9   international trade   economic analysis of   globalization and pol...
Season 9 international trade economic analysis of globalization and pol...
 
Import Substitution Vs Export Orientation; Case Study of Korean Economy
Import Substitution Vs Export Orientation; Case Study of Korean EconomyImport Substitution Vs Export Orientation; Case Study of Korean Economy
Import Substitution Vs Export Orientation; Case Study of Korean Economy
 
Ipe09
Ipe09Ipe09
Ipe09
 
Ipe08
Ipe08Ipe08
Ipe08
 
Chapter 5 How Managers Use Balance of Payments Data – p.213Do.docx
Chapter 5   How Managers Use Balance of Payments Data – p.213Do.docxChapter 5   How Managers Use Balance of Payments Data – p.213Do.docx
Chapter 5 How Managers Use Balance of Payments Data – p.213Do.docx
 
Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...
Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...
Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...
 
Ipe09
Ipe09Ipe09
Ipe09
 
ECON3501CARIBBEAN ECONOMIC DEVELOPMENTUNIT 4 – ECO
ECON3501CARIBBEAN ECONOMIC DEVELOPMENTUNIT 4 – ECOECON3501CARIBBEAN ECONOMIC DEVELOPMENTUNIT 4 – ECO
ECON3501CARIBBEAN ECONOMIC DEVELOPMENTUNIT 4 – ECO
 
Lesson 6 - What you should learn?
Lesson 6 - What you should learn?Lesson 6 - What you should learn?
Lesson 6 - What you should learn?
 
ECON251 INDUSTRY AND TRADE IN ASIA Tutorial 3 [Topic .docx
ECON251  INDUSTRY AND TRADE IN ASIA Tutorial 3 [Topic .docxECON251  INDUSTRY AND TRADE IN ASIA Tutorial 3 [Topic .docx
ECON251 INDUSTRY AND TRADE IN ASIA Tutorial 3 [Topic .docx
 
EuroMAC_Ch18.pptx
EuroMAC_Ch18.pptxEuroMAC_Ch18.pptx
EuroMAC_Ch18.pptx
 
EuroMAC_Ch18.pptx
EuroMAC_Ch18.pptxEuroMAC_Ch18.pptx
EuroMAC_Ch18.pptx
 
Reviving U.S. Manufacturing
Reviving U.S. ManufacturingReviving U.S. Manufacturing
Reviving U.S. Manufacturing
 
Preconditions of Economic Development
Preconditions of Economic DevelopmentPreconditions of Economic Development
Preconditions of Economic Development
 
Rao 4b factors in food security 2 trade and aid
Rao 4b   factors in food security 2   trade and aidRao 4b   factors in food security 2   trade and aid
Rao 4b factors in food security 2 trade and aid
 
IBM Lecture 1
IBM Lecture 1IBM Lecture 1
IBM Lecture 1
 

Último

Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
lizamodels9
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
amitlee9823
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
amitlee9823
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
amitlee9823
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
amitlee9823
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
lizamodels9
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
lizamodels9
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
amitlee9823
 

Último (20)

Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 

Krugman obstfeld-ch10

  • 1. Chapter 10 Trade Policy in Developing Countries Prepared by Iordanis Petsas To Accompany International Economics: Theory and Policy , Sixth Edition by Paul R. Krugman and Maurice Obstfeld
  • 2.
  • 3.
  • 4. Introduction Table 10-1 : Gross Domestic Product Per Capita, 1999 (dollars)
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11. Import-Substituting Industrialization Table 10-2 : Exports as a Percentage of National Income, 1999
  • 12.
  • 13.
  • 14. Import-Substituting Industrialization Table 10-3 : Effective Protection of Manufacturing in Some Developing Countries (percent)
  • 15.
  • 16.
  • 17.
  • 18. Problems of the Dual Economy Figure 10-1 : The Effect of a Wage Differential L 1 P F x MPL F P M x MPL M O M O F Value of marginal products, wages W M B L 2 A W F C Labor employed in manufactures Labor employed in food Total labor supply
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24. Export-Oriented Industrialization: the East Asian Miracle Table 10-4 : Average Rates of Protection, 1985 (percent)
  • 25.
  • 26.
  • 27.
  • 28.