Economic development in the southern mediterranean countries through population growth and international trade: a comparative focus

Population growth had played a vital role in rapid economic growth of the Asian Newly Industrialised Economies (NIEs) in the 1980s through to the 1990s, and they can be examples for the Southern Mediterranean (SM) countries, where population growth rates are still high, to follow. But the problems t...

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Detalles Bibliográficos
Autores: Medina Moral, Eva, Hong, Wai-Mun, Lorca Corrons, Alejandro
Tipo de recurso: artículo
Fecha de publicación:2012
País:España
Institución:Universidad Autónoma de Madrid
Repositorio:Biblos-e Archivo. Repositorio Institucional de la UAM
Idioma:inglés
OAI Identifier:oai:repositorio.uam.es:10486/671412
Acceso en línea:http://hdl.handle.net/10486/671412
Access Level:acceso abierto
Palabra clave:Population growth
International migration
Brain drain
International trade
Economía
Descripción
Sumario:Population growth had played a vital role in rapid economic growth of the Asian Newly Industrialised Economies (NIEs) in the 1980s through to the 1990s, and they can be examples for the Southern Mediterranean (SM) countries, where population growth rates are still high, to follow. But the problems that the SM countries are facing now is myriad: low labour participation rate, high unemployment that leads to emigration and brain drain, thus making population growth unmanageble. SM countries will learn that population growth can also be a complementary development tool if they open up trade and by taking advantage of the growing population to create a domestic market and economy of scale production, for improving technology and knowledge to increase efficiency to make exports more competitive so to attract more trade to create more jobs.