The Macromarket Law and Development Models of Wool and Cotton Industries

According to the macromarket law, the total supply will go to equilibrium with the total demand for the world as a whole. Textiles are consumables, the total demand of which must be proportional to the population. For any large district, the share ratio - the ratio of the local productivity world share to the local population world share,will approach unity in long term period. The uncommon prosperity of the textile industry in the developed countries before the Second World War had been established by super economical means of the old era. The developing countries nowadays have no such means, and will never be able to establish the local textile Industry to an uncommon large scale. The development model of the textile industry must be in four stages: the first two are common both for the developed and for the developing countries, namely demand leading - supply leading. The third stage is quite different: uncommon expansion followed by significant declination, for the developed, and the re - arrangemen

The Macromarket Law and Development Models of Wool and Cotton Industries

According to the macromarket law, the total supply will go to equilibrium with the total demand for the world as a whole. Textiles are consumables, the total demand of which must be proportional to the population. For any large district, the share ratio - the ratio of the local productivity world share to the local population world share,will approach unity in long term period. The uncommon prosperity of the textile industry in the developed countries before the Second World War had been established by super economical means of the old era. The developing countries nowadays have no such means, and will never be able to establish the local textile Industry to an uncommon large scale. The development model of the textile industry must be in four stages: the first two are common both for the developed and for the developing countries, namely demand leading - supply leading. The third stage is quite different: uncommon expansion followed by significant declination, for the developed, and the re - arrangement for the developing. The last stage is also common: stable progression, after the share ratio reached nearby unity.