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ID 49762
file
creator
subject
Industrialization
Poverty Reduction
Mobility of Labour
Protection of Infant Industry
Urbanization
Industrial Cluster
JEL: O14
JEL: O25
JEL: B00
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
volume
Volume 10
issue
Issue 1
start page
1
end page
13
date of issued
2020-08
publisher
広島大学大学院国際協力研究科
language
eng
nii type
Departmental Bulletin Paper
HU type
Departmental Bulletin Papers
DCMI type
text
format
application/pdf
text version
publisher
department
Graduate School for International Development and Cooperation
Graduate School of Humanities and Social Sciences
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