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International Competition, Debt, and Uneven Development in a North-South Macroeconomic Model

Author

Listed:
  • Taro Abe

    (Nagoya Gakuin University, Atsuta-nishi-machi, Nagoya 456-0036, Japan.)

Abstract

This paper examines whether the intensification of international competition widens the gap between developing and developed economies. The intensification of international competition with an influential trade union in the North is known to lower the North s markup rate. This paper is unique because it points out that the intensification of international competition can widen the North-South gap when the Southern debt is taken into consideration. It also shows that the egalitarian policy in the North as influenced by trade unions is compatible with its international policy: relief of interest payments.

Suggested Citation

  • Taro Abe, 2007. "International Competition, Debt, and Uneven Development in a North-South Macroeconomic Model," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 46(3), pages 267-283.
    • Handle: RePEc:pid:journl:v:46:y:2007:i:3:p:267-283
    as

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    File URL: http://www.pide.org.pk/pdf/PDR/2007/Volume3/267-283.pdf
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    References listed on IDEAS

    as
    1. Erturk, Korkut & Darity, William Jr., 2000. "Secular Changes in the Gender Composition of Employment and Growth Dynamics in the North and the South," World Development, Elsevier, vol. 28(7), pages 1231-1238, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    North-South; Uneven Development; Debt;
    All these keywords.

    JEL classification:

    • F19 - International Economics - - Trade - - - Other
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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