학술논문
Adam Smith and the “rich country–poor country” debate: eighteenth-century views on economic progress and international trade.
Document Type
Article
Author
Source
Subject
*INTERNATIONAL trade
*ECONOMIC development
*JOB absenteeism
*ECONOMIC research
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*
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Language
ISSN
0967-2567
Abstract
Despite his emphasis on economic development, Adam Smith did not participate in the contemporary “rich country–poor country” debate. Some see the absenteeism as a deficiency, while others assume that Smith propounds a theory of uneven development and agrees with the divergence argument. In this article, Smith's own theory is expounded and related to the contentious points of the “rich country–poor country” debate. It is concluded that Smith's theory does not fit easily into the categories of this debate. He rather takes up a third position, being neither a proponent of pure convergence nor of pure divergence. [ABSTRACT FROM PUBLISHER]