Acta Universitatis Danubius. Œconomica, Vol 7, No 2 (2011)

Doctrines and Contemporary Economic Theories in the Economic Development

Stefan Gheorghe


Contemporary economic theories justify economic polarization, both before and after the
second world war, through enhanced differences between the rich countries and those in course of
development. The instrument quantifying this economic gap is represented by the high price for
industrial products and a very low one for essentials thus maintaining at minimal level the purchasing
power of the agrarian countries (of the under-developed states). Through the agency of some
institutions and specialized organizations like U.N., U.N.E.S.C.O. or the E.U., there are conducted
international programs for the sectorial support mainly aiming the resolution of all kinds of problems.


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