Documentos de Académico
Documentos de Profesional
Documentos de Cultura
Gov.
Touris
MDC have higher gdp because
tend to have higher tertiary
Tertiary not always higher income
Productivity of workers=$
MDC worker more productive
because
Type of Activities
Technology
Labor force skill
Trade agreements
Development Trajectories
Stages of Economic Growth Walt
Rostow
Stage1 Traditional
Development not begun
Agriculture dom.
Income=substinence
barter
Stage 2 Transitional
Dev begins (elite)
Investment in new companies
(industrial productivity^)
Formation of infrastructure
surpluses
Stage 3 takeoff
Dev. Increases in few sectors rapid
Regional growth,
Political change
Stage 4-Drive to Maturity
Technology to sectors
Rapid growth
Workers become skilled
Industry bec specialized
Less reliance on imports
Stage 5 Mass Consumption
Shift from produc to cons of prim,
sec goods
Reliance on imports
Consumer oriented
Service sector dominates
Migration can interfere with stages
i.e. brain drain
German exodus 2005
Spatial Models
Core-periphery model