The NICs, global accumulation and uneven development: implications of a simple three- region model
构建了一个包含北方、新兴工业化国家和南方的三区域全球经济模型,分析了不同增长模式下的短期与长期动态,发现新兴工业化国家资本的相对增长通常导致南北发展不平衡。
This paper develops a simple three-region model of the global economy along structuralist lines, with the North, newly industrializing countries (NICs) and the (rest of the) South. The North produces an investment-cum-consumption good while the NICs and the South produce two different consumption goods. The North grows with excess capacity along Kalecki- Keynes lines; the NICs are modeled along Marxian lines with a given rate of exploitation and the South along Lewis lines with a given subsistence wage. The short-run and long-run dynamics and equilibrium properties of the model are analyzed. It is shown that parametric shifts which result in a relative growth of NIC capital (as compared to the North and the South) in the long run usually result in uneven North-South development.