Following Arthur Lewis's dual-economy model, economic development is the process by which labor moves from traditional low-productivity sectors (typically traditional agriculture) to more modern productive sectors (typically urban industry as the leading modern sector).
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Dani RodrikEvidence Quote
“he defined that the process of economic development as one where basically labor moves from the more traditional parts of the economy typically traditional agriculture to more modern more productive parts typically urban sectors”
Created: 6/16/2026, 2:24:26 PM
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