2002Journal of Guizhou College of Finance and EconomicsRequires access

The Comparative Disadvantages of Guizhou's Economic Operation

Xu Xu

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Abstract

Both comparative advantages and disadvantages are the starting-point for designing economic development strategies. From the perspective of the level and structure of economic operation, the three major comparative disadvantages of Guizhou are the low level of urban economy, the underdevelopment of modern services industry and the lack of corporate and product brands. It is the realistic requirement and long-term choice for speeding up Guizhou's economic development to take countermeasures and balance action and inaction in view of these disadvantages.

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Both comparative advantages and disadvantages are the starting-point for designing economic development strategies. From the perspective of the level and structure of economic operation, the three major comparative disadvantages of Guizhou are the low level of urban economy, the underdevelopment of modern services industry and the lack of corporate and product brands. It is the realistic requirement and long-term choice for speeding up Guizhou's economic development to take countermeasures and balance action and inaction in view of these disadvantages.

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Available abstract

Both comparative advantages and disadvantages are the starting-point for designing economic development strategies. From the perspective of the level and structure of economic operation, the three major comparative disadvantages of Guizhou are the low level of urban economy, the underdevelopment of modern services industry and the lack of corporate and product brands. It is the realistic requirement and long-term choice for speeding up Guizhou's economic development to take countermeasures and balance action and inaction in view of these disadvantages.

Key concepts: Underdevelopment, Balance (ability), Business, Perspective (graphical), Action (physics), Product (mathematics), Comparative advantage, Economic system

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