Chenery and Strout for a sample of fifty. In order to .. rise butd oftpu, Invesent, and countsm_ and A. M. Strout, “Foreign Assistance. Article in American Economic Review 56 · September with Reads . As submitted by Chenery and Strout (), foreign exchange. Chenery HB Strout A Foreign Assistance and Economic Development American from ACCOUNTING ACC at National University of Sciences.

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Modern EconomyVol. An important caveat is that this rosy strut is unlikely to last. Scientific Research An Academic Publisher. Views Read Edit View history.

Hollis B. Chenery – Wikipedia

He was played by Dylan Baker in the film Secretariat. Reassessing Export Diversification Strategies: The implications for countries and firms are also discussed.

From Wikipedia, the free encyclopedia. Chenery’s work was wide-ranging but might be summarised as involving the analysis of patterns of development, the use of a two-gap model and multi-sectoral analysis.

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This page was last edited on 27 Decemberat He worked as a professor of economics at Stanford from toas a Guggenheim fellow in and joined the United States Agency for International Development inand rose to become an assistant administrator.


Retrieved from srtout https: Robert McNamara Alden W.

Chenery was born in Richmondson of Christopher Chenerya businessman and horseman. He worked as the World Bank’s vice president for development policy from through to Hollis Burnley Chenery January 6, — September 1, was an American economist well known for his pioneering 196 in the field of development economics. Essays in Honor of Hollis B.

American Economic Review, 56, Westphal Eds Economic Structure and Performance: Chief Economist of the World Bank — In particular, from a risk-return perspective the export portfolio of manufactured products dominates the export portfolio of food items and agricultural products which in turn dominates the export portfolio of fuel products and of ores and minerals. All countries in the sample obtain a dominant majority of their export earnings from these broad categories of products.

This domination validates a priori belief that manufacturing goods and exports is the best strategy for development of exports of a country. The article builds four chenefy of countries classified by the dominance of exports of 1 fuel products, 2 manufactured products, 3 food items and agricultural products and 4 ores and minerals. After Secretariat’s victory in the Belmont Stakes, Hollis Chenery led the horse down the walkway to the winner’s circle as cameras took pictures and the crowd gave a standing ovation.


By using this site, you agree to the Terms of Use and Privacy Policy. After his 1696 died in Januaryhis sister Penny Chenery raced Secretariat on behalf of the family. The results are that the export portfolios comprised of manufactured products have a superior performance than export portfolios comprised of non-manufactured products. Secretariat became the first horse in 25 years to win the American Triple Crownwith record-setting victories chenegy the Kentucky Derbythe Preakness and the Belmont Stakes.

This article uses a sample of 44 countries to assess their export performance over the periodusing the single-index model, a part of the modern portfolio theory. In he became a professor of economics syrout Harvard.