This book presents competitive trade models to recast them from the perspective of an economy which is beset with corruption and related intermediation that requires some sort of cost. It innovatively transforms traditional models (HOSV, SFM, HO nugget) by treating intermediation as a distinct economic sector that consumes factors of production.
Through rigorous general equilibrium analysis, it also discusses real life events such as trade liberalization, capital inflow, labor immobility, extortion, etc. It is unquestionably an exciting approach to paving the way for future research around trade and development in competitive trade models befitting developing economies where ramifications of corruption and related damages are pervasive.
This book will be of interest to researchers, faculty members, and policy makers working with international trade theory and policy, development economics and labour economics.
Zahle einfach mit Karte, Klarna, Apple Pay oder Google Pay. Nicht zufrieden? Du hast immer ein 14-tägiges Widerrufsrecht. Lies mehr in unseren AGB. Hast du Fragen, schreib uns eine E-Mail an hello@memmo.org.
Memmo macht das Lernen einfacher – wo auch immer du bist. Bei uns findest du deine Kursbücher und smarte Lerntools an einem Ort: Zusammenfassungen, Quizzes, Podcasts und Lernkarten. Und Ted, dein Lernbuddy, beantwortet alles, was du wissen möchtest. Über 50.000 Studierende lernen bereits hier – gemacht, damit du schneller lernst und weniger Stress hast.