Abstract

The classical school regards international trade as the main engine of growth. But modern empirical studies have failed to show any simple and generally consistent correlation between foreign trade statistics and macro-economic aggregates such as savings, Investment, consumption and growth1. The more generally accepted view is that development through trade where it occurred was partly the consequence of favourable internal environment. What are the prospects for growth through trade in West Africa in the 1980s?

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.