Structural Change, Economic Interdependence and World Development: Volume 4: Economic Interdependence

378 Pages·1987·32.442 MB·English

by  Professor John H. Dunning, Professor Mikoto Usui (eds.)

STRUCTURAL CHANGE, ECONOMIC
INTERDEPENDENCE AND WORLD
DEVELOPMENT
Volume 4 Economic Interdependence
STRUCTURAL CHANGE, ECONOMIC
INTERDEPENDENCE AND WORLD DEVELOPMENT
Victor L. Urquidi (editor)
1 BASIC ISSUES
Silvio Borner and Alwyn Taylor (editors)
2 NATURAL AND FINANCIAL RESOURCES FOR
DEVELOPMENT
Luigi Pasinetti and Peter Lloyd (editors)
3 STRUCTURAL CHANGE AND ADJUSTMENT IN
THE WORLD ECONOMY
John H. Dunning and Mikoto Usui (editors)
4 ECONOMICINTERDEPENDENCE
Structural Change,
Econoinic
Interdependence and
World Development
Proceedings of the Seventh World Congress of the
International Economic Association, Madrid, Spain
Volume 4
ECONOMIC INTERDEPENDENCE
Edited by
John H. Dunning and Mikoto Usui
Palgrave Macmillan
ISBN 978-1-349-09122-5 ISBN 978-1-349-09120-1 (eBook)
DOI 10.1007/978-1-349-09120-1
© International Economic Association, 1987
Softcover reprint of the hardcover 1st edition 1987 978-0-333-42847-4
All rights reserved. For information, write:
Scholarly & Reference Division,
St. Martin's Press, Inc., 175 Fifth Avenue, New York, NY 10010
First published in the United States of America in 1987
ISBN 978-0-312-00441-5
Library of Congress Cataloging-in-Publication Data
Economic interdependence.
(Structural change, economic interdependence,
and world development; v. 4)
Papers presented at the Seventh World Congress
of the International Economic Association, held
in Madrid, 5-9, 1983.
Bibliography: p.
Includes index.
1. International economic relations--Congresses.
2. International cooperation--Congresses.
3. Economic integration--Congresses. I. Dunning,
John H. II. Usui, Mikoto. III. International
Economic Association. World Congress (7th:
1983: Madrid, Spain)
IV. Series.
HD82.S84576 vol. 4 338.9 s 86-31317
[HF1410.5] (337]
ISBN 978-0-312-00441-5
Contents
Preface
VIII
Acknowledgements IX
List of Contributors
X
Scientific Programme Committee xu
Abbreviations and Acronyms xiii
Introduction XVI
PART I DETERMINANTS AND IMPLICATIONS
OF- ECONOMIC INTERDEPENDENCE
1 The Organisation of International Economic
Interdependence: An Historical Excursion
John H. Dunning 3
2 Interdependence: A North-South Perspective
Paul Streeten 19
3 The Political Economy of Interdependence
Seev Hirsch 31
4 Can the Market Alone Manage Structural Upgrading?
A Challenge Posed by Economic Interdependence
T. Ozawa 45
5 International Industrial Integration Through
Multinational Enterprises Jack N. Behrman 63
6 Resume of Discussion on Part 1 John H. Dunning 77
PART II TECHNOLOGICAL DEVELOPMENT AND
ECONOMIC INTERDEPENDENCE
7 Introduction to Part II Mikoto Usui 83
v
Contents
VI
8 International Technological Diffusion, Product
Differentiation and Economies of Scale
Colin Lawrence and Pablo T. Spiller 95
9 The Impact of Microelectronics on the Worldwide
Restructuring of the Electronics Industry: Implications
for the Third World Dieter Ernst 117
10 Domestic Technological Innovations and Dynamic
Comparative Advantages: Further Reflections on a
Comparative Case Study Programme Jorge M. Katz 135
11 Toward Conceptualisation of Technological
Development as an Evolutionary Process Simon Teitel 157
PART III NATION STATES AND
TRANSNATIONAL CORPORATIONS
12 Introductory Comments and Summary Report on Part
III A. E. Safarian 177
13 Multinationals and Technology Development in Host
LDCs Sanjaya Lall 193
14 Strategies of Multinational Companies in the Economic
Crisis Charles-Albert Michalet 211
15 Codes on Transnationals: Ingredients for an Effective
International Regime Raymond Vernon 227
PART IV ECONOMIC INTEGRATION PROCESSES
16 Introduction to Part IV Germanico Salgado 243
17 International Trade of Developing Countries in the
1980s: Problems and Prospects T. N. Srinivasan 247
Contents vii
18 The Community's Vivid Core: Integration Processes in
Industrial Product Markets Jacques Pelkmans 267
19 Some Lessons of Economic Integration in Latin
America: The Case of Central America
Gert Rosenthal 299
20 The Economic Integration Process in Africa:
Experience, Problems and Prospects
V. P. Diejomaoh 321
21 Economic Co-operation Among Developing Countries:
Status and Prospects S.M. Wangwe 337
22 Conclusions to Part IV Germanico Salgado 355
Index 359
Preface
The Seventh World Congress of the International Economic Associa
tion was held in Madrid from 5-9 September 1983 on the subject of
'Structural Change, Economic Interdependence and World Develop
ment'. It covered a wide variety of topics and was designed to
elucidate issues of concern in economies of all types: market orien
tated and centrally planned; developed and developing; and at all
levels of industrialisation. There was wide participation in the
Congress both on a geographical basis and from the point of view of
different schools of thought and methodology. The Congress opened
and closed with plenary sessions, and in between was a series of
sixteen specialised sessions and a number of round table discussions.
It has not been possible to publish all the papers presented, but
included in the four volumes are those which give a fair representa
tion of the views expressed. These papers are supplemented by
comments from the organisers of the sessions which include some
report of the discussions which took place.
The proceedings are divided into four volumes as follows:
1. Basic Issues, edited by Victor L. Urquidi;
2. Natural and Financial Resources for Development, edited by
Silvio Borner and Alwyn Taylor;
3 Structural Change and Adjustment in the World Economy, edited
by Luigi Pasinetti and Peter Lloyd;
4. Economic Interdependence, edited by John H. Dunning and
Mikoto Usui.
The Congress was held with the cooperation of the Consejo
General de Colegios de Economistas de Espana, the Association's
member body from Spain.
viii
Acknowledgements
The Seventh World Congress of the lEA, which took place in
Madrid, was honoured by the patronage of His Majesty King Juan
Carlos, and we wish to express our sincere thanks to him for his
support.
The General Council of the Colleges of Economists of Spain was
the principal organisation which made this Congress possible, and by
the tireless efforts of its members, by its financial support, and not
least by its hospitality to this international gathering, ensured its
success.
Financial and practical support and hospitality came also from the
Autonomous Governments of Euzkadi and Madrid, from the Muni
cipal Government of Madrid, from the Government of Spain, and
from a number of other public and private organisations which we
would especially mention:
Ministerio de Economia y Hacienda
Ministerio de la Presidencia
Banco de Espana
Banco de Credito Industrial
Banco de Crectito Local
Banco de Credito Agricola
Banco Hipotecario de Espana
Banco Exterior de Espana
Consejo Superior Bancario Comunidad Aut6noma de Madrid
lnstituto de Cooperaci6n lberoamericana Iberia
Banco de Bilbao
Confederaci6n Espanola de Cajas de Ahorros
Caja de Ahorros y Monte de Piedad de Madrid
Caja Postal de Ahorros
We wish to express our gratitude to all who participated in making
this Congress a memorable and fruitful experience.
Lastly to UNESCO whose continuing support makes these meet
ings possible, we express our continuing appreciation.
IX