In this article we will discuss about:- 1. Introduction to Prebisch-Singer Thesis 2. Assumptions in the Prebisch-Singer thesis 3. Criticisms. Introduction to Prebisch-Singer Thesis: There is empirical evidence related to the fact that the terms of trade have been continuously moving against the developing countries. On the basis of exports statistics concerning the United Kingdom between 1870 and 1940, Raul [...]
In this article we will discuss about:- 1. Two Basic Propositions of Critical Minimum Effort 2. Three Stages of Demographic Evolution of a Society 3. Growth-Inhibiting Tendencies 4. Creation of Conditions Conducive to Sustained Growth 5. Creation of Conditions Conducive to Sustained Growth 6. Diagrammatic Illustration of Leibenstein's Thesis 7. Magnitude 8. Shortcomings. Two Basic Propositions of Critical Minimum Effort: [...]
In this article we will discuss about:- 1. Some Misconceptions about Traditional Agriculture 2. Meaning of Traditional Agriculture According to Schultz 3. Characteristics 4. Schultz's Suggestions for Transforming Traditional Agriculture 5. The Process of Transformation 6. Importance of Acquired Skills in Transformation of Agriculture 7. Critical Reviews of Schultzian Thesis. Some Misconceptions about Traditional Agriculture: Before giving his definition of [...]