ABSTRACT
This chapter analyzes the relationship between trade openness, the industrialization process and economic development. An evolutionist-structuralist approach, based on the more prominent and recent theoretical and empirical studies on the role of technology in international trade and economic growth, is used here. It stresses the importance of dynamic efficiency, technical infrastructure and the generation and diffusion of technology to achieving long-term growth. In this framework technological change and capability are considered key factors driving countries’ trade specializations and economic performances.
