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Complex Global Value Chains And Economic Interdependence: A New Look At The Opportunity Costs Argument, Melle Scholten
Complex Global Value Chains And Economic Interdependence: A New Look At The Opportunity Costs Argument, Melle Scholten
Graduate Research Conference (GSIS)
The classical economic interdependence argument states that trade and investment between countries make conflict less likely, because they increase the opportunity costs of war. War means that trade and investment will dry up, to the detriment of society as a whole. The increased opportunity costs of war (vis-`a-vis peace) means war will be less likely to occur between interdependent states. Certain strands of realism have challenged this assertion. They argue that expectations that trade will decline in future can be a strong incentive for initiating conflict. Giving increasing political and economic tensions between the world’s superpowers – the USA and …
Good Governance: The Path To Development, Eduardo Landaeta
Good Governance: The Path To Development, Eduardo Landaeta
Graduate Research Conference (GSIS)
This paper aims to understand to what extent good governance and effective public policies are aligned in the economic growth of a country. International assistance relies on political-economic analysis to evaluate the donations they can provide to a country. In this regard, good governance of domestic institutions is essential for the efficiency of a country, especially in affiliation with foreign aid. Therefore, a relationship avoiding dependency should be the focus in the short or medium-term.