Economic policy in labor surplus economies strategies for growth and job creation in southern Africa : report on the proceedings of a southern African conference, Gaborone, May 3-5, 2000 by Regional Conference on "Economic Policy in Labour Surplus Economies" (2000 Gaborone, Botswana)

Cover of: Economic policy in labor surplus economies | Regional Conference on

Published by World Bank, Friedrich Ebert Stiftung in Gaborone, Botswana .

Written in English

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Places:

  • Africa, Southern

Subjects:

  • Job creation -- Africa, Southern -- Congresses.,
  • Labor supply -- Africa, Southern -- Congresses.,
  • Africa, Southern -- Economic policy -- Congresses.

Edition Notes

Book details

Other titlesEconomic policy in labour surplus economies, Strategies for growth and job creation in southern Africa
Statement[documentation compiled and edited by Andrew Briscoe].
GenreCongresses.
ContributionsBriscoe, Andrew., Friedrich-Ebert-Stiftung. Botswana Office., World Bank.
Classifications
LC ClassificationsHD5841.9 .R44 2000
The Physical Object
Pagination209 p. :
Number of Pages209
ID Numbers
Open LibraryOL3348419M
ISBN 109991291695
LC Control Number2004360919
OCLC/WorldCa47722891

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Labor Surplus Economies Abstract The labor surplus economy model has as its basic premise the inability of unskilled agricultural labor markets to clear in countries with Economic policy in labor surplus economies book man/land ratios.

In such situations, the marginal product of labor is likely to fall below a bargaining wage, related to the average rather than the marginal product. Development of the Labor Surplus Economy: Theory and Policy by Fei, John C. & Ranis, Gustav and a great selection of related books, art and collectibles available now at Category: Economics Development of the labor surplus economy theory and policy Material Type Book Language English Title Development of the labor surplus economy theory and policy Author(S) John C.

Fei (Author) Gustav Ranis (Author) Publication Data Homewood, Illinois: RichardInc. Publication€ Date Edition NA Physical. The labor surplus economy model has as its basic premise the inability of unskilled agricultural labor markets to clear in countries with high man/land ratios.

In such situations, the marginal product of labor is likely to fall below a bargaining wage, related to the average rather than the marginal product. The Lewisian TP is a theoretical point in time in the Lewisian dualistic economy model when surplus labor in agriculture disappears due to its integration into the higher wage urban industries.

Thus, the demarcation of TP cannot be determined without a methodologically valid empirical analysis of employment in agriculture and in urban by: 1. Abstract. Labour surplus economies are closely associated with the concept of economic dualism, that is, the existence of organizational.

THE MICRO-ECONOMICS OF "SURPLUS LABOR" Gustav Ranis Yale University The issue of "surplus labor" remains unresolved in the development literature.

With unskilled rural labor the abundant resource in many developing countries, especially at an early stage of development, what determines the price of labor has been a controversial issue. Trade and Development in a Labor Surplus Economy Article (PDF Available) in Topics in Economic Analysis & Policy 7(1) February with 22 Reads How we measure 'reads'.

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History, instability, and growth Global economy Politics and policy. Economics and the economy. Conclusion. References. 2—Technology, population, and growth. Introduction. Economists, historians, and the Industrial Revolution.

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The labor surplus economy model has as its basic premise the inability of unskilled agricultural labor markets to clear Economic policy in labor surplus economies book countries with high man/land ratios.

In such situations, the marginal product of labor is likely to fall below a bargaining wage, related to the average rather than the marginal by: the two parts of the labor force is to occur, becomes even more impor­ tant if an increase in the industrial sector is among the goals of the developing economy." Only a few years later, however, Jolly () Michael P.

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Gaborone, Botswana: World Bank: Friedrich Ebert Stiftung, © (OCoLC) Material Type: Conference publication: Document Type: Book: All Authors / Contributors: Andrew Briscoe; Friedrich-Ebert.

Additional Physical Format: Online version: Fei, John C.H. Development of the labor surplus economy. Homewood, Ill.: R.D. Irwin, (OCoLC) The Handbook of Public Sector Economics is first and foremost a textbook for graduate students in public administration and public policy.

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Keywords: Economic development, Dual economy model, Surplus labour Xaiobing Wang is a lecturer in Economics, School of Social Sciences and the Centre for Chinese Studies at The University of.

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The economic policy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the economy. Most factors of economic policy can be divided into either fiscal policy, which deals with government actions regarding taxation and.

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