Artikel

Notes on unequal exchange between developing and industrialised countries

Proponents of the theory of unequal exchange claim that the international division of labour is based on the exploitation of the developing countries by the industrialised countries. But the international division of labour allows the developing countries to import goods which they either could not produce themselves, or only at a higher price than they pay for the imports. The lower wage-levels in the developing countries may also help them to obtain employment at the expense of the industrialised countries. Low wages are therefore ultimately not a question of exploitation but of development priorities.

Language
Englisch

Bibliographic citation
Journal: Intereconomics ; ISSN: 0020-5346 ; Volume: 17 ; Year: 1982 ; Issue: 1 ; Pages: 13-19 ; Hamburg: Verlag Weltarchiv

Classification
Wirtschaft
Subject
International Trade

Event
Geistige Schöpfung
(who)
Lorenz, Detlef
Event
Veröffentlichung
(who)
Verlag Weltarchiv
Springer
(where)
Hamburg
(when)
1982

DOI
doi:10.1007/BF02925916
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Lorenz, Detlef
  • Verlag Weltarchiv
  • Springer

Time of origin

  • 1982

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