According to the Ranis-Fei-Lewis model, in order for the turning point to be reached :
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JNU SIS 2020 Question 23: Theories of development
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Theories of development has come up 59 times in 6 exams since 2010.
What this question tests
This question is on Dual-economy models, surplus labour and migration, part of Theories of development in Economics of Growth and Development.
Models of a traditional sector that supplies labour to a modern one.
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