Some thoughts on the restructuring of North-South interaction

Journal Article · Thu May 01 04:00:00 EDT 1980 · J. Policy Model.; (United States)

DOI:https://doi.org/10.1016/0161-8938(80)90007-1· OSTI ID:5141993

Adelman, I

The theory of international trade presents trade as a positive-sum game for all participants. Yet, most of the negotiations between the developed and the developing countries (LCSs) seem to have been conducted under a preception of reality that views North-South relations as a zero-sum game. A new general framework for institutional and structural changes can benefit all participants. A number of original proposals for international reforms to support equitable development in developing countries are presented. The major element of the proposals include a Land Reform Fund, a rural and industrial development package for LDCs, support for trade liberalization of imports from land-reform countries, and an Industrial Assistance Fund to help industrial countries to restructure production patterns. The proposals contain far reaching national and international political implications whose impact is assessed in the concluding part of the paper. The claim is made that unless both sets of countries find cooperation mutually attractive, they will be unable to embark in development strategies characterized by the highest chance of success and with the fewest economic and social disruptions. 16 references.

• Research Organization: Univ. of California, Berkeley
• OSTI ID: 5141993
• Journal Information: J. Policy Model.; (United States), Journal Name: J. Policy Model.; (United States) Vol. 2:2; ISSN JPMOD
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
DEVELOPING COUNTRIES
ECONOMIC ANALYSIS
ECONOMIC IMPACT
ECONOMIC POLICY
ECONOMICS
FINANCIAL ASSISTANCE
FINANCIAL INCENTIVES
FINANCING
GOVERNMENT POLICIES
INSTITUTIONAL FACTORS
POLITICAL ASPECTS
TRADE