Economic development from the perspective of evolutionary economic theory.
Sanjaya Lall saw economic development as an evolutionary process, with technological learning at its heart. This essay lays out the key differences between an evolutionary theory of economic activity and change, and the neoclassical theory as articulated in economic text books. It argues that only a...
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Format: | Working paper |
Language: | English |
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Department of International Development (University of Oxford)
2006
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