00694nam a2200085Ia 4500100001800000245005700018260000900075520050500084583001900589  aKRUGMAN, Paul  aDoes Third World growth hurt First World prosperity?  c1994  aArgues that while many influential people in the West see a battle brewing between the advanced countries and the emerging economies of the Third World, fears about the economic impact of Third World competition are unjustified.  States that an increase in Third World labour productivity means an increase in Third World wages, not a decrease in First World living standards.  Concludes that it is a fear of Third World success, not that success itself, that is the real danger to the world economy.  c3/7/00kM2LMGR