In this third part of the series on economic growth, I discuss the process of structural change as economies progress from underdeveloped to developed, beginning with an overview and historical analysis of Rostow's Stages of Growth model. I then discuss the structures of agricultural production around the world, focusing on barriers to adoption of more modern agricultural techniques and proposed reforms, such as adoption of cash crops, land reform, and improving the security of land tenure. I conclude with an analysis of the benefits and problems associated with urbanisation, incorporating a discussion of agglomeration economies, spillover effects, urban gigantism, and the informal urban sector. Recommended pre-listening is Episode 104: Economic Growth and Development Part II.
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Episode 47: Vision Part 3
Episode 46: Vision Part 2
Episode 45: Vision Part 1
Episode 44: Cell Division
Episode 43: Electric Forces and Fields
Episode 42: Gases and Gas Laws
Episode 41: Flotation and Fluid Mechanics
Episode 40: Gun Control
Episode 39: Sovereignty and the State
Episode 38: Neurons and Synapses
Episode 37: Oxidation and Reduction
Episode 36: Consumer Choice Theory
Episode 35: DNA Structure and Function Part 2
Episode 34: DNA Structure and Function Part 1
Episode 33: Disturbing Social Psychology Experiments
Episode 32: Light and Optics
Episode 31: Solutions and Mixtures
Episode 30: Systems of Government
Episode 29: Operant Conditioning
Episode 28: Classical Conditioning
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