of development. We document the following regularities. First, as countries develop, their productive structure moves … from more volatile to less volatile sectors. Second, the level of specialization declines with development at early stages …, and slowly increases at later stages of development. Third, the volatility of country- specific macroeconomic shocks falls …

development path of industrialized economies, stretching from the pre-industrial era to present-day and beyond. Making strict use …

a significant role in giving rise to differential patterns of economic development across the globe. Societies that were … characterized the agricultural stage of development. The lack of cultural diffusion and its manifestation in cultural rigidity … the advent of divergence and overtaking in the process of long-run development, attributing the dominance of some …

under-development; despite the lack of non-convexities. …

economic development and the evolution of inequality within and across societies. The study argues that entrepreneurial spirit … evolved non-monotonically in the course of human history. In early stages of development, the rise in income generated an … technological advancements and the process of economic development. Natural selection therefore had magnified growth promoting …

This Paper examines the process of development from an epoch of Malthusian stagnation to a state of sustained economic … has been widely viewed as one of the most significant challenges facing researchers in the field of growth and development …. The inconsistency of non-unified growth models with the main characteristics of the process of development across most of …