Economic DevelopmentM.E. Sharpe |
From inside the book
Results 1-5 of 23
Page
... (capital), thus expanding the reachof specialization and division of labor ... capital (tools). Thus, property rights must be affirmed and protected. Competition is ... accumulation, specializationand division of labor, and operating in ...
... (capital), thus expanding the reachof specialization and division of labor ... capital (tools). Thus, property rights must be affirmed and protected. Competition is ... accumulation, specializationand division of labor, and operating in ...
Page
... accumulation of tools (capital).But this must occur within acompetitive market system in which specialization and divisionoflabor accompany capital accumulation. T.R. Malthus (1766–1834) focused his attention on anissuethat received ...
... accumulation of tools (capital).But this must occur within acompetitive market system in which specialization and divisionoflabor accompany capital accumulation. T.R. Malthus (1766–1834) focused his attention on anissuethat received ...
Page
... capital accumulation and growth could continue. In a more general sense, freetrade wasa mechanism for offsettingthe ... capital and labor,engages in saving and capital accumulation, and makes decisions based on profit maximization. The ...
... capital accumulation and growth could continue. In a more general sense, freetrade wasa mechanism for offsettingthe ... capital and labor,engages in saving and capital accumulation, and makes decisions based on profit maximization. The ...
Page
... capital accumulation occur in the modernsector. Growth there requires additional labor drawn from the traditional sector. Initially, this labor is surplus in nature, meaning its marginal productivity is zero. Thus output in the ...
... capital accumulation occur in the modernsector. Growth there requires additional labor drawn from the traditional sector. Initially, this labor is surplus in nature, meaning its marginal productivity is zero. Thus output in the ...
Page
employs its capital (tools, factories, etc.); that is, the increase in capital required to increase output by ... accumulation are focalpoints of both approaches, as is a concernwith population growth. The HarrodDomar growth model ...
employs its capital (tools, factories, etc.); that is, the increase in capital required to increase output by ... accumulation are focalpoints of both approaches, as is a concernwith population growth. The HarrodDomar growth model ...
Contents
Growth Versus Development HistoryofDevelopment Theory | |
References | |
European Emergence Growth Duringthe IndustrialRevolution | |
Protoindustrialization and Trade | |
Exploitation and Slavery The Evolutionand Role of Political Institutions | |
Recent Experience | |
The Chinese Experience | |
Explanation forDifferent ReformPaths Recent Chinese Experience | |
Urban Bias and Migration | |
Lineage Groups Fertility andthe Transition Demographic | |
Role of the Government What We Have Learned | |
Population Growth the Commitment Problem | |
TheMiddle East and North Africa | |
The Emergence of NationStates Petroleum Exports and the Petroleum Exporters | |
Other editions - View all
Common terms and phrases
accumulation agricultural productivity agricultural sector andthe argued Asia Botswana bythe capital capital accumulation China Chinese colonial commercial comparative advantage competition created decline demographic dividend dependency theorists dependent developing countries developmental discussed domestic dramatically economic development economic growth efflorescences England environment environmental equilibrium Europe European expansion experience exports extract farmers firms fromthe growth rate impact important incentive income increased independence India Industrial Revolution industrialization infrastructure inputs institutional structure inthe investment involved Japan Japanese labor laborintensive land Latin America lineage groups longterm manufacturing Mform occur ofthe onthe organization output patronclient peasant percent periphery policies political population poverty predatory problem profit protoindustrial rapid reduce reform region rent seeking result revenue ruling elite rulingelite rural significant Smithian growth social South Asia South Korea Soviet Union subSaharan Africa surplus Taiwan theruling elite tobe tothe trade transition urban wealth withthe workers