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Jaime Ros

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Jaime Ros

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Jaime Ros

This paper investigates the conditions under which wage-led and profit-led growth can take place in a small open developing economy. It presents a model in which three sectors coexist: a capital-intensive tradables sector, a capital-intensive modern non-tradables sector and a labor-intensive traditional or non-capitalist sector producing non-tradable services. The analysis highlights the role and importance of the modern non-tradables sector in the economy (banking and insurance, construction, water, gas, electricity, transport, and communications), showing to what extent the presence of this sector modifies the conditions for wage-led and profit-led growth.

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Luis Miguel Galindo and Jaime Ros

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Edited by Amitava Krishna Dutt and Jaime Ros

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Edited by Amitava Krishna Dutt and Jaime Ros

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Edited by Amitava Krishna Dutt and Jaime Ros

This two-volume original reference work provides a comprehensive overview of development economics and comprises contributions by some of the leading scholars working in the field. Authors are drawn from around the world and write on a wide range of topics.
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Nora Lustig and Jaime Ros

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Amitava Krishna Dutt and Jaime Ros