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Full-Text Articles in Social and Behavioral Sciences
On The Measurement Of Capital Utilisation In Less Developed Countries, David Lim
On The Measurement Of Capital Utilisation In Less Developed Countries, David Lim
Support & Other Units (THEi)
The shortage of physical capital is often seen as the crucial constraint to growth in less developed countries (LDCs). Thus many development plans are based on the aggregate Harrod-Domar model where the growth of the economy is seen to depand only on the availability and the productivity of capital. A corollary of such a capital-centred approach to development is that the capital plant and machinery installed are utilized to the full. However, recent studies claim that capital under-utilization exists on a massive scale in manufacturing in LDCs and raise the possibility of a parabox in capital usage in capital-scarce LDCs. …
Export Instability And Economic Growth: A Return To Fundamentals, David Lim
Export Instability And Economic Growth: A Return To Fundamentals, David Lim
Support & Other Units (THEi)
No abstract provided.