TITLE

THE DUAL SECTOR MODEL OF ECONOMIC DEVELOPMENT: A COMPARATIVE ANAYSIS OF MOLDOVA AND ROMANIA

AUTHOR(S)
HALL, SARAH
PUB. DATE
March 2012
SOURCE
Indian Journal of Economics & Business;Mar2012, Vol. 11 Issue 1, p107
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This paper examines W. Arthur Lewis's Dual Sector Model of Development. Lewis, a founder of Development Economies, has been one of its most significant contributors. This paper applies the Dual Sector Model to Moldova and Romania and explores the economic growth occurring in each country. Considerations are made for each country's unique situation, and observations not accounted for in the original Model are acknowledged. Lewis's Dual Sector Model can be successfully applied to both Moldova and Romania, although each one is at a different stage economically, and certain modifications need to be madeconcerning the situation of contemporary developing countries.
ACCESSION #
86021364

 

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