David E. McKinnon

David E. McKinnon is an economist known for his work on international trade and economic development. He developed theories explaining how countries benefit from trading with each other, especially highlighting the importance of investment and savings in fostering economic growth. His "Dependency Theory" suggests that poorer countries can improve their economies through strategic trading relationships, rather than relying solely on aid. McKinnon's research helps policymakers understand how to create policies that encourage investment, promote trade, and support sustainable development, ultimately aiming to raise living standards and economic stability in developing nations.