evolving, and that it depends on the stage of development of a particular country. …

, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e., the ‘control … very important—but specific—function in the economy. They engender relatively much employment creation, productivity growth …

The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use … apparent ‘productivity paradox’. The most obvious one is the fact that not many countries, other than the US, have yet invested … to any development problem; it only provides an opportunity. The third and the most controversial explanation is that the …

The costs of import substitution (IS) as a strategy for industrialization, which was deemed synonymous with economic … development by many development economists of the fifties and sixties, were shown to be substantial in the influential and nuanced …

development in the agricultural stage but has had a negative impact on income per capita in the course of industrialization; and … economic development in the process of industrialization. … a significant role in giving rise to differential patterns of economic development across the globe. Societies that were …

development in the agricultural stage but has had a negative impact on income per capita in the course of industrialization; and … economic development in the process of industrialization. … a significant role in giving rise to differential patterns of economic development across the globe. Societies that were …

decline have fallen as obviously. These results are consistent with the idea that industrialization in employment terms has … been more important for eventual prosperity than has industrialization in output terms; and that high manufacturing … industrialization may have become more difficult. …

and 2005 the size, diversity and sophistication of industry in Africa have all declined. An industrialization strategy …