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Countries commencing industrialization with relatively low levels of agricultural productivity, hence low wages, enjoy advantages that can also prove host to daunting challenges. The chief advantage is a relatively elastic supply of labor for manufacturing; the chief challenge is how to free up...
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Competing and Cooperating -- 2.3. Traps -- 2.4. The Erosion of Elite Status -- 2.5. Co-evolution -- 2.6. Appendix: The … Growth Acceleration in Japan, 1910-1938 -- 5.1. Agriculture and the Decline of a Rural Elite -- 5.2. Infrastructure and … Consensus -- Endnotes -- 6 Agriculture and Industrialization in Republican China, 1911-1935 -- 6.1. A Divided Elite -- 6 …
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