In this short paper Celso Furtado´s analysis on underdevelopment is examined. The way he articulated income distribution, social classes and productive system in his classical works on Brazilian industrialization seems to be to be very adequate to modern Brazilian economy.

Nyugat-Európa a 18. század közepétől addig nem ismert gyorsaságú gazdasági fej- lődési szakaszba lépett. Különböző elképzelések, magyarázatok, amelyek közül nem egy elméletté is kristályosodott, születtek arról, hogy miért éppen akkor és ott tör- tént meg az...

This paper presents a novel stylized fact and analyzes its contribution to the skill bias of technical change in U.S. manufacturing. The share of skilled labor embedded in intermediate inputs correlates strongly with the skill share employed in final production. This finding points toward an...

Is the high degree of gender inequality in developing countries--in education, personal autonomy, and more--explained by underdevelopment itself? Or do the societies that are poor today hold certain cultural views that lead to gender inequality? This article discusses several mechanisms through...

Managerial capital has received attention in recent years as one of the major determinants for enterprise productivity, growth, and longevity. While recent empirical studies make it clear that training intervention can improve the management level, it remains unclear why the managers had not...

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

Inclusion of women in scientific and technological endeavors and realizing women’s intellectual potential is a big challenge as they play a decisive role in many facets of agricultural sector in India. Self-help groups (SHGs) have emerged as an effective mechanism for empowerment through group...