Suchergebnisse

Traditional views of dualistic development emphasize differences in behavior between the traditional & modern sectors. Here, it is argued that a better distinction concerns market networks. A traditional sector is characterized by a lack of market integration. Such market integration can be achieved only through dramatic growth of a domestic market for basic agricultural goods, most likely involving the simultaneous protection & taxation of the agricultural sector. Thus, protectionism was an appropriate strategy of development, but most nations protected the wrong sector (industry) at the wrong time in the process of long-run development. 1 Figure, 23 References. Adapted from the source document.

Argues that the meaning of any particular package of new techniques is dependent upon the social structure within which the new technology is applied. New high-yielding seed varieties require the increased application of energy to the farming process. Once the meaning of an innovation package becomes dependent upon the social structure in which it is utilised, then the theory of induced technical change loses much of its meaning. (SJK)