Dealing with economic imbalance between industry and agriculture
Concentrating on modern economic growth in the spirit of the approach of Simon Kuznets (1966), this paper is concerned with economic conditions that results in economic imbalances with respect to the industrial and agricultural sectors of an economy, and, to a lesser extent, with what can be done to redress them. Section one features in the main, particular agricultural changes in economic conditions that contribute to growth and in doing so beget disequilibria (the fate of agricultural land, movement of people out of agriculture, upsurge in life expectancy, industry becoming the major supplier of agricultural inputs); and section two deals with the economic value of the equilibriating activities of economic agents. It is concluded that virtually no thought is given to economists to possible improvements in economic organization to deal with the various disequilibria that occur; however, there are indications that specialization, human capital and growth are now on the research agenda. c CAB International
| Main Authors: | , , , |
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| Format: | Texto biblioteca |
| Language: | eng |
| Published: |
Basingstoke, Hamshire (RU) Macmillan
1988
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| Summary: | Concentrating on modern economic growth in the spirit of the approach of Simon Kuznets (1966), this paper is concerned with economic conditions that results in economic imbalances with respect to the industrial and agricultural sectors of an economy, and, to a lesser extent, with what can be done to redress them. Section one features in the main, particular agricultural changes in economic conditions that contribute to growth and in doing so beget disequilibria (the fate of agricultural land, movement of people out of agriculture, upsurge in life expectancy, industry becoming the major supplier of agricultural inputs); and section two deals with the economic value of the equilibriating activities of economic agents. It is concluded that virtually no thought is given to economists to possible improvements in economic organization to deal with the various disequilibria that occur; however, there are indications that specialization, human capital and growth are now on the research agenda. c CAB International |
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