The Lewis Model After Fifty Years
The article reassesses the contribution of Sir Arthur Lewis's 1954 article entitled "Economic Development with Unlimited Supplies of Labour" to our understanding of economic development, and to the establishment of development economics as an academic discipline. It argues that Lewis's key insight into the structural dualism characterising developing countries mapped out a new and distinctive field for development economics and policy. The article has had a profound impact over the last fifty years and continues to yield valuable lessons for understanding the nature of economic transformation.
|Date of creation:||2004|
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Web page: http://www.sed.manchester.ac.uk/idpm
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- Ranis, Gustav & Stewart, Frances, 1999. "V-Goods and the Role of the Urban Informal Sector in Development," Economic Development and Cultural Change, University of Chicago Press, vol. 47(2), pages 259-288, January.
- Bourguignon, Francois & Morrisson, Christian, 1998.
"Inequality and development: the role of dualism,"
Journal of Development Economics,
Elsevier, vol. 57(2), pages 233-257.
- Leeson, P F, 1979. "The Lewis Model and Development Theory," The Manchester School of Economic & Social Studies, University of Manchester, vol. 47(3), pages 196-210, September.
- Gary S. Fields, 2004. "Dualism In The Labor Market: A Perspective On The Lewis Model After Half A Century," Manchester School, University of Manchester, vol. 72(6), pages 724-735, December.
- Lewis, W Arthur, 1979. "The Dual Economy Revisited," The Manchester School of Economic & Social Studies, University of Manchester, vol. 47(3), pages 211-229, September.
- Lewis, Arthur, 1980. "Autobiography," Nobel Prize in Economics documents 1979-4, Nobel Prize Committee.
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