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Trade and Development Report 1987

image of Trade and Development Report 1987

This publication identifies the key issues in the global economy and the design of development strategies addressed in the Trade and Development Report over the past three decades, tracing them through its various editions. It shows how ideas, opinions and proposals expressed in the Trade and Development Report, and the analytical approaches used, differed from those of “the mainstream” and their evolution in response to new challenges. This review revisits the concept of interdependence and explains the approach of the reports to macroeconomic and financial policies in both developed and developing countries. It also summarizes development policy failures and successes over the years.

English

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Trends in the international flow of technology

International flows of technology are an essential element of the global network of international economic relations. Even in developed countries, the process of innovation - in addition to the search and learning efforts of individual firms - often involves inputs of knowledge, components, patents, know-how, etc., from other firms and other countries. Conversely, as was discussed in the introduction, technology is a decisive, intangible and often firm-specific asset whose benefits the firm seeks to appropriate for itself to the greatest extent possible. The commercial transfer of technology abroad is one of the means at the firm's disposal for exploiting this advantage. The ability of a country's enterprises to appropriate some rent from transferring technology abroad by whatever means can be interpreted as a measure of their past success in achieving international competitiveness.

English

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