FIVE BELL SHAPES IN DEVELOPMENT

Abstract

The five bell-shaped curves (economic growth, social inequality, regional inequality, geographic concentration, and population growth) are not iron laws of history. They are only stylized facts, a useful heuristic which can suggest interesting questions. As the rich or developed countries enter fully into the realm of the right-hand tail of these curves, we meet a number of surprises. We would do well to examine their interactions because they are likely to be interesting and their study fruitful.

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