Productivity, Structural Change and Latin American Development
نویسندگان
چکیده
منابع مشابه
Latin American economic development
This article examines the strategies, successes and failures of economic development in Latin America since 1870. We divide the analysis into four key development phases: primary export-led growth (1870–1929), import substitution industrialisation (1945–82), debt crisis (1980s) and the Washington Consensus (1990s). We demonstrate progress on many fronts, but underscore two key challenges for th...
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One of the earliest and most central insights of the literature on economic development is that development entails structural change. The countries that manage to pull themselves out of poverty and get richer are those that are able to diversify away from agriculture and other traditional products. As labour and other resources move from agriculture into modern economic activities, overall pro...
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Essay 1: To replicate an industrial revolution: from exogenous to endogenous growth In the last quarter of the second millennium many countries experienced, simultaneously, an industrial revolution (an exponential increase in the income per capita) and a demographic transition (an increase first and a decrease later of the population growth rate). How do we account for these facts? Following Lu...
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ژورنال
عنوان ژورنال: Review of Development Economics
سال: 2014
ISSN: 1363-6669
DOI: 10.1111/rode.12106