Dualismo e integrazione interna delle economie sottosviluppate.

The work re-examines the nature and causes of economic dualism in the underdeveloped countries and considers some of its implications for development policy. Dualism may be defined as the co-existence of a “modern” sector and a “traditional” sector within the domestic economic framework of a country...

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Main Author: H. MYINT
Format: Article
Language:Italian
Published: Associazione Economia civile 2014-08-01
Series:Moneta e Credito
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12545
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author H. MYINT
author_facet H. MYINT
author_sort H. MYINT
collection DOAJ
description The work re-examines the nature and causes of economic dualism in the underdeveloped countries and considers some of its implications for development policy. Dualism may be defined as the co-existence of a “modern” sector and a “traditional” sector within the domestic economic framework of a country. Existing theories attempt to explain the differences between the two sectors in terms of sociological and technological factors. In contrast, the author argues that the most significant aspect of economic dualism as it exists in the present-day underdeveloped countries is that scarce inputs such as capital funds, foreign exchange and public economic facilities are being made available on excessively favourable terms to the larger units in the modern sector, and on excessively unfavourable terms to the small economic units in the traditional sector. This interpretation emphasises the importance of domestic policies to promote integration by removing the causes of unequal access to scarce economic resources. JEL: F31, E22, O20, O38
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spelling doaj.art-f73942612340430c8dec04a47a0a13462023-02-03T16:38:22ZitaAssociazione Economia civileMoneta e Credito2037-36512014-08-01239110.13133/2037-3651/12545Dualismo e integrazione interna delle economie sottosviluppate.H. MYINTThe work re-examines the nature and causes of economic dualism in the underdeveloped countries and considers some of its implications for development policy. Dualism may be defined as the co-existence of a “modern” sector and a “traditional” sector within the domestic economic framework of a country. Existing theories attempt to explain the differences between the two sectors in terms of sociological and technological factors. In contrast, the author argues that the most significant aspect of economic dualism as it exists in the present-day underdeveloped countries is that scarce inputs such as capital funds, foreign exchange and public economic facilities are being made available on excessively favourable terms to the larger units in the modern sector, and on excessively unfavourable terms to the small economic units in the traditional sector. This interpretation emphasises the importance of domestic policies to promote integration by removing the causes of unequal access to scarce economic resources. JEL: F31, E22, O20, O38 https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12545Economic dualismless developedunderdeveloped countriespolicytraditional sectorcapital
spellingShingle H. MYINT
Dualismo e integrazione interna delle economie sottosviluppate.
Moneta e Credito
Economic dualism
less developed
underdeveloped countries
policy
traditional sector
capital
title Dualismo e integrazione interna delle economie sottosviluppate.
title_full Dualismo e integrazione interna delle economie sottosviluppate.
title_fullStr Dualismo e integrazione interna delle economie sottosviluppate.
title_full_unstemmed Dualismo e integrazione interna delle economie sottosviluppate.
title_short Dualismo e integrazione interna delle economie sottosviluppate.
title_sort dualismo e integrazione interna delle economie sottosviluppate
topic Economic dualism
less developed
underdeveloped countries
policy
traditional sector
capital
url https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12545
work_keys_str_mv AT hmyint dualismoeintegrazioneinternadelleeconomiesottosviluppate