4/15/08 notes

4/15/08 notes - 8:09:00 AM I History and Trade/Aid A The...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
05/04/2008 07:09:00 I. History and Trade/Aid A. The Basic Idea: Trade patterns stay stable over time o 1. Gravity, other influences (e.g. trade agreements) continue o 2. Established marketing, distribution, sales force (and other sunk  costs) o Market preference for your goods Historical Trading Partners o Recent trade a strong predictor; weakens after decades o As Latin America became independent, Europe was their  primary trading partner, but WWI interrupted that relationship Former Colonies/Colonizers o Trade with the colonizer (earlier lecture) Post-independence trade initially focused on former colonial  occupant Commonwealth, French West Africa, etc II. The Historical Context of Development A. The Basic Idea: Gerschenkron (1962): Economic Backwardness in  Historical Perspective o Context of development changes over time Different technologies, competitors, resources
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/22/2008 for the course INR 3004 taught by Professor Hensel during the Spring '08 term at FSU.

Page1 / 4

4/15/08 notes - 8:09:00 AM I History and Trade/Aid A The...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online