Two stages of economic development

Research English OPEN
Gong, Gang;
  • Publisher: Tokyo: Asian Development Bank Institute (ADBI)
  • Subject: O11 | E10 | C61 | C62 | dual economy theory | Kuznets curve | economic growth | new normal
    • ddc: ddc:330

This study suggests that the development process of a less-developed country can be divided into two stages, which demonstrate significantly different properties in areas such as structural endowments, production modes, income distribution, and the forces that drive eco... View more
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