Development and Standard of Living

Alexandre Rands Barros

Chapter 6 in Market Forces and World Development, 1994, pp 90-106 from Palgrave Macmillan

Abstract: Abstract An enormous effort is made in economic theory to understand the process of economic development. The dramatic disparities in standards of living among nations is a major concern for researchers, while the fact that such disparities have not tended to decrease is an even more disturbing problem, which economists struggle to understand.

Keywords: Business Cycle; Real Wage; Wage Increase; Dependency Theory; Autonomous Change (search for similar items in EconPapers)
Date: 1994
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DOI: 10.1007/978-1-349-23138-6_6

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