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Preface | |
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Introduction | |
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Economic Development: Overview | |
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Introduction | |
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Income and growth | |
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Historical experience | |
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Measurement issues | |
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Income distribution in developing countries | |
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The many faces of underdevelopment | |
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Human development | |
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An index of human development | |
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Per capita income and human development | |
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Some structural features | |
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Demographic characteristics | |
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Occupational and production structure | |
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Rapid rural--urban migration | |
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International trade | |
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Summary Exercises | |
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Economic Growth | |
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Introduction | |
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Modern economic growth: Basic features | |
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Theories of economic growth | |
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The Harrod--Domar model | |
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Beyond Harrod--Domar: Other considerations | |
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The Solow model | |
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Technical progress | |
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Convergence? | |
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Introduction | |
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Unconditional convergence | |
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Level convergence: Evidence or lack thereof | |
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Unconditional convergence: A summation | |
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Conditional convergence | |
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Reexamining the data | |
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Summary | |
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The Harrod--Domar equations | |
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Production functions and per capita magnitudes Exercises | |
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The New Growth Theories | |
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Introduction | |
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Human capital and growth | |
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Another look at conditional convergence | |
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Technical progress again | |
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Introduction | |
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Technological progress and human decisions | |
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A model of deliberate technical progress | |
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Externalities, technical progress, and growth | |
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Total factor productivity | |
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Total factor productivity and the East Asian miracle | |
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Summary | |
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Appendix | |
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History, Expectations, and Development | |
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Introduction | |
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Complementarities | |
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Introduction: QWERTY | |
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Coordination failure | |
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Linkages and policy | |
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History versus expectations | |
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Increasing returns | |
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Introduction | |
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Increasing returns and entry into markets | |
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Increasing returns and market size: Interaction | |
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Competition, multiplicity, and international trade | |
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Other roles for history | |
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Social norms | |
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The status quo | |
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Summary Exercises | |
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Economic Inequality | |
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Introduction | |
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What is economic inequality? | |
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The context | |
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Economic inequality: Preliminary observations | |
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Measuring economic inequality | |
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Introduction | |
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Four criteria for inequality measurement | |
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The Lorenz curve | |
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Complete measures of inequality | |
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Summary Exercises | |
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Inequality and Development: Interconnections | |
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Introduction | |
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Inequality, income, and growth | |
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The Inverted-U hypothesis | |
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Testing the inverted-U hypothesis | |
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Income and inequality: Uneven and compensatory changes | |
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Inequality, savings, income, and growth | |
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Inequality, political redistribution, and growth | |
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Inequality and growth: Evidence | |
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Inequality and demand composition | |
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Inequality, capital markets, and development | |
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Inequality and development: Human capital | |
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Summary | |
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Multiple steady states with imperfect capital markets | |
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Poverty and Undernutrition | |
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Introduction | |
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Poverty: First principles | |
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Conceptual issues | |
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Poverty measures | |
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Demographic features | |
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Rural and urban poverty | |
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Assets | |
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Nutrition | |
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The functional impact of poverty | |
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Poverty, credit, and insurance | |
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Poverty, nutrition, and labor markets | |
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Poverty and the household | |
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Summary | |
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More on poverty measures Exercises | |
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Population Growth and Economic Development | |
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Introduction | |
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Population: So | |