A Note of Philosophical Thought on Poverty Reduction through Industrialization
Use this link to cite this item : http://doi.org/10.15027/49762
ID | 49762 |
file | |
creator | |
subject | Industrialization
Poverty Reduction
Mobility of Labour
Protection of Infant Industry
Urbanization
Industrial Cluster
JEL: O14
JEL: O25
JEL: B00
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abstract | This paper aims to describe the role of industrialization in poverty reduction in any country, especially developing countries, which are mainly based on agriculture.
One of the essential purposes of economics is reducing poverty around the world, and our answer regarding the most effective way to do so is industrialization, which includes related services. Only industrialization offers a shortcut to poverty reduction. A problem left to address is how to achieve industrialization. As Reinert (2007) pointed out, the primary sector, including agriculture, has a structural problem of decreasing returns to scale, while the other industrial sectors have the characteristics of increasing returns to scale, which is the advantage of industrialization. The main factors of industrialization include labour mobility, the protection of infant industry, urbanization, the formation of industrial clusters and the prevention of environmental destruction. |
journal title |
IDEC DP2 Series
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volume | Volume 10
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issue | Issue 1
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start page | 1
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end page | 13
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date of issued | 2020-08
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publisher | 広島大学大学院国際協力研究科
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language |
eng
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nii type |
Departmental Bulletin Paper
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HU type |
Departmental Bulletin Papers
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DCMI type | text
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format | application/pdf
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text version | publisher
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department |
Graduate School for International Development and Cooperation
Graduate School of Humanities and Social Sciences
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他の一覧 |