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 27: Intermolecular Bonds and Phase Transitions
Episode 26: Human Organ Systems
Episode 25: Organs, Tissues and Systems
Episode 24: Vibrations and Waves
Episode 23: Chemical Reactions
Episode 22: Our Place in the Cosmos
Episode 21: Introduction to Evolution
Episode 20: The Reliability of Memory
Episode 18: Biochemistry Basics
Episode 19: Market Failure
Episode 17: Energy, Work and Momentum
Episode 16: Profits and Competition
Episode 15: Chemical Bonding
Episode 14: Principles of Quantum Mechanics
Episode 13: Newtonian Mechanics
Episode 12: The Price System
Episode 11: The Origin of the Universe
Episode 10: The Cell
Episode 9: Matter and Molecules
Episode 8: The Atom
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