The Dual Economy Framework: Its Relevance to Asian Development

Development may be considered as a process of two successful graduations: the first is from colonial agrarianism to dualism, and the second, from dualism to modern growth. This article presents a framework for this transition process, keeping in mind important differences among developing countries...

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Bibliographic Details
Main Author: Gustav Ranis
Format: Article
Language:English
Published: World Scientific Publishing 1984-01-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S0116110584000038
Description
Summary:Development may be considered as a process of two successful graduations: the first is from colonial agrarianism to dualism, and the second, from dualism to modern growth. This article presents a framework for this transition process, keeping in mind important differences among developing countries as to colonial heritage, size, and resource endowment…
ISSN:0116-1105
1996-7241