Can I read Development and Underdevelopment Models on EtoBox?
Development and Underdevelopment Models by Oliver Santos is a document available to read on EtoBox.
What is Development and Underdevelopment Models about?
These contemporary models of development and underdevelopment help explain why development is difficult to achieve and the barriers countries face. They include ideas like coordination failures when agents cannot coordinate investments, multiple equilibria where economies can get stuck in low levels of development, and the need for a "big push" of coordinated investments across an economy to overcome market failures and accelerate development. Other models show how strong complementarities between factors l
- Author
- Oliver Santos
- Language
- EN