Balance Between Industry and Agriculture in Economic Development

This volume of papers from the Eighth World Congress deals with changes in proportions and growth rates of sectors of the economy in relation to economic development. It includes a survey of theories of sectoral balance and studies of structural transformation in the Kuznets tradition but with richer economometric models and data on more than 100 countries over several decades. There are in-depth country analyses of India, Korea and Nigeria and for Eastern Europe, the GDR and Hungary. In the last part of the volume the link between agriculture and industry is studied in terms of the importance of rural non-farm activities, the effectiveness of balanced growth and of an agriculture-led development strategy. A wide range of data is examined with one chapter focusing particularly on Japan. Jeffrey Williamson has also written "Modelling Growth Economics in Equilibrium and Disequilibrium" with A.Kelley and "Did British Capitalism Breed Inequality". Amongst his other publications, Vadiraj Panchamukhi has written "Trade Policies in India: A Case Study of Karnataka, Capital Formation and Output in the Third World" and "Planning, Development and World Economic Order".