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This paper investigates the relationship between infrastructure and rural economic development. It begins by reviewing the progress of Chinese economic and rural reform and analyzes the challenges faced by the government of the People’s Republic of China (PRC). Then, based on the review, an...
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The paper discusses the impact and implications of Korean unification by setting up a two-region endogenous growth model. The numerical solutions are based on the formal analytical model, and have been calibrated so that they reflect the observed features of the North and South Korean economies....
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Key Features:Offers a different perspective with the conceptualization of endogenous development as a territorial and comprehensive view of developmentGives an insightful argument that local development policy acts upon the accumulation process through the forces of development.
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