Productivity and development: Malthus was half right, Lewis half wrong, Schumpeter nailed it; as for Rodrik…

ACDE Trade & Development Seminars

Speaker

Ross McLeod, Crawford School of Public Policy, The ANU

Venue

Other, please see description for details

Date

Tuesday, 19 February, 2019 - 14:00 to 15:30

The literature on development economics does not look good under the microscope. The fashionable focus on productivity mistakes a definition for a theoretical insight. Contrary to the conventional wisdom, the low-productivity services sector played a bigger role than industrialisation in the development of what are now the advanced economies, and it continues to do so in most of today’s developing economies.

Find flyers, registration, and complete event details at https://crawford.anu.edu.au/news-events/events/13738/productivity-and-development-malthus-was-half-right-lewis-half-wrong

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