000			01892nam a2200217Ia 4500
999			_c229620 _d229620
005			20220614203419.0
008			200208s9999 xx 000 0 und d
020			_a9870199204649
082			_a338.9 BLI
100			_aBliss, Christopher.
245		0	_aTrade growth and inequality
260			_aNew York
260			_bOxford University Press
260			_c0
300			_a317 p.
365			_b9000
365			_dRS
520			_aCombining the fields of international trade theory, economic development, and economic growth, this text provides an advanced exposition suitable for graduate students as well as researchers at all levels. It combines mathematical rigour with an exceptional breadth of approaches, including institutions, history, and comparative economics. Existing research is exposited and evaluated, and numerous new results are included. The central themes of economic inequality, within and between nations, are discussed, as is convergence, or the reduction of inequality. Distinctive features of the volume include a radical re-evaluation of the theoretical basis of the economic convergence model proposed by Barro and Sala-i-Martin, a new generalization of the standard HOS model, and a new concept, the economic environment, designed to model the effects of institutions in a more analytical and micro-founded manner is discussed. Uniquely, the real world examples included focus not only on countries participating fully in globalized trade, like China, but also those countries and regions failing to fully participate, specifically the Arab world and sub-Saharan Africa. The text concludes with a discussion of current issues in world economic governance, particularly the IMF and limitations of the Washington consensus, showing that some criticism fails to confront fundamental difficulties.
650			_aEconomic development
942			_cB _2ddc