Economic DevelopmentM.E. Sharpe |
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... investment is essential for economic development. However, the institutional provisions of suchprotection cancome in avarietyof forms. One need onlythinkof property rights protection in chinarelativeto Japan andtheUnited States. The ...
... investment is essential for economic development. However, the institutional provisions of suchprotection cancome in avarietyof forms. One need onlythinkof property rights protection in chinarelativeto Japan andtheUnited States. The ...
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... invest in the provision ofsocial infrastructure (roads, education, etc.).In summary, a nation becomes wealthy through saving, investment, and the accumulation of tools (capital).But this must occur within acompetitive market system in ...
... invest in the provision ofsocial infrastructure (roads, education, etc.).In summary, a nation becomes wealthy through saving, investment, and the accumulation of tools (capital).But this must occur within acompetitive market system in ...
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... investment, and 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 ...
... investment, and 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 ...
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center and the periphery, which operates through the international system of trade and investment, is broken.The periphery mustpursue aninward oriented development process. After WorldWarII, new theories about economic growth evolved ...
center and the periphery, which operates through the international system of trade and investment, is broken.The periphery mustpursue aninward oriented development process. After WorldWarII, new theories about economic growth evolved ...
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... investment, and capital accumulation are focalpoints of both approaches, as is a concernwith population growth. The HarrodDomar growth model wassoon challengedbythe workof Trevor Swan(1956), J.E. Meade (1961), and Robert Solow(1956).The ...
... investment, and capital accumulation are focalpoints of both approaches, as is a concernwith population growth. The HarrodDomar growth model wassoon challengedbythe workof Trevor Swan(1956), J.E. Meade (1961), and Robert Solow(1956).The ...
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