Match List I with List II.
List I
(A) Vicious Circle of poverty
(B) Development with unlimited supplies of Labour
(C) Critical minimum effort thesis
(D) Asian Drama.
List II
(I) Paul Rosenstein Rodan
(II) Gunnar Myrdal
(III) W. Arthur Lewis
(IV) Ragnar Nurkse.
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Theories of development has come up 59 times in 6 exams since 2010.
This question is on The big push, balanced growth and the vicious circle, part of Theories of development in Economics of Growth and Development.
Why poor economies may need many investments at once to escape stagnation.
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