O que pode ocorrer quando um país elabora políticas de desenvolvimento que violam vantagens comparativas?
"In a country that adopts a CAD (Comparative Advantage Defying) strategy, it is likely that in the early stage, the economy will enjoy a period of rapid investment-driven growth. As has been observed, however, in Latin America and many other developing and socialist countries, economic growth will inevitably slow down, leading to eventual stagnation and even frequent crises due to the depletion of economic surplus, which is required for investment arising from the misallocation of resources, suppression of incentives, soft-budget constraints and rent seeking activities."
segunda-feira, 1 de agosto de 2011
Políticas de Desenvolvimento e Vantagens Comparativas
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políticas de desenvolvimento,
vantagens comparativas
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