International Capital Mobility and Development Policy in a Dual Economy

Musleh‐ud Din

20 citations0/0 files storedReview of International Economics

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Economic Theory and Policy Global trade and economics Global Financial Crisis and Policies

Abstract

This paper introduces international capital mobility in a general‐equilibrium model of a small developing economy which is characterized by a dualistic economic structure. The model is then used to analyze the positive and the normative aspects of development policies that are often recommended for achieving employment‐related objectives in developing economies.

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References

1970Migration unemployment and development: a two-sector analysis.1965The Structure of Simple General Equilibrium Models 1975Rural-urban migration, urban unemployment and underemployment, and job-search activity in LDCs 198918. The Informal Economy 1975Urban Unemployment, Intersectoral Capital Mobility and Development Policy 1972Trade, balance of payments and growth 1976The urban informal sector 1974On Reanalyzing the Harris-Todaro Model: Policy Rankings in the Case of Sector-Specific Sticky Wages

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2012A study on urban private capital and the transfer of labor in the modern agriculture sector 2007Factor mobility, wage inequality and welfare 2007Unemployment and International Factor Movement in the Presence of Skilled and Unskilled Labor 2008Labour supply, foreign investment and welfare in the presence of public infrastructure

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