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In this article we will discuss about the Lewis model of economic development. A number of economists attempted to analyse development in the context of a ‘labour-surplus economy’. These theories owe their origin to the celebrated work of Nobel Laureate Sir W. Arthur Lewis in 1954.
W. Arthur Lewis' best-known contribution to development economics was his path-breaking work on the transfer of labour from a traditional to a modern capitalist sector in...
This analysis updates the dual-economy model of economic development suggested by W. Arthur Lewis in 1954. The updated aggregate model incorporates advances since then in modern labor economics and the findings of empirical studies of LDC economies and it removes Lewis’ implicit assumption that capital-formation is costless to the host LDC country.
Sep 22, 2018 · Abstract: This analysis updates the dual-economy model of economic development suggested by W. Arthur Lewis in 1954. The updated aggregate model incorporates advances since then in modern labor economics and the findings of empirical studies of LDC economies and it removes Lewis’ implicit assumption that capital-formation is ...
THE LEWIS MODEL AND DEVELOPMENT THEORY. P. F. Leeson. Published 1 September 1979. Economics. The Manchester School. When, in Nay 1954, The Munchester School published “Economic Development with Unlimited Supplies of Labour” by Arthur Lewis, development econoniics was in its infancy.
Sociology, Development Studies, Economics. W. Arthur Lewis was one of the foremost intellectuals, economists, and political activists of the twentieth century. In this book, the first intellectual biogr...
Dec 11, 2019 · Development planning : ... Development planning : the essentials of economic policy by Lewis, W. Arthur (William Arthur), 1915-1991. Publication date 1966
