Economic DevelopmentM.E. Sharpe |
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... decline. Because new investmentis attractedby the prospect of profit, declining profit impliesdeclining investment and slowing growth,which will eventually lead toa stationary stateinwhich growth ceases. Classical economists, although ...
... decline. Because new investmentis attractedby the prospect of profit, declining profit impliesdeclining investment and slowing growth,which will eventually lead toa stationary stateinwhich growth ceases. Classical economists, although ...
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... declines. Modern Marxists (Frank 1967) or dependency theorists use this notionof exploitation intrying to explain poverty in developing countries. They divide theworldinto the center andthe periphery. The centeris composedof the rich ...
... declines. Modern Marxists (Frank 1967) or dependency theorists use this notionof exploitation intrying to explain poverty in developing countries. They divide theworldinto the center andthe periphery. The centeris composedof the rich ...
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... decline until itis again equal to population growth. Inthe end, GDP per capitawill be higher,but itwill have stopped growing. The same sortof result emerges when population growth decreases. Now, begin ata point where GDP isgrowing at ...
... decline until itis again equal to population growth. Inthe end, GDP per capitawill be higher,but itwill have stopped growing. The same sortof result emerges when population growth decreases. Now, begin ata point where GDP isgrowing at ...
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... (declining perunit cost), and A's path ofdeclining costs issteeperthan thatfor B. In Figure 1.5,the costcurveforA isbelow that of B, evenat low levelsof output. Howeverawar, natural disaster, andsoon might initially prevent a country ...
... (declining perunit cost), and A's path ofdeclining costs issteeperthan thatfor B. In Figure 1.5,the costcurveforA isbelow that of B, evenat low levelsof output. Howeverawar, natural disaster, andsoon might initially prevent a country ...
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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 | |
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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