Chapter Five: Growing Pains: What Employment Dilemma Does China Face at Its Lewis Turning Point?
(8,160 words)

Introduction

According to the Lewisian classical theory of economic development, developing countries characterized by an unlimited supply of labor are bound for the development of a dual economy. Namely, the modern sector can obtain endless transferred labor from the agricultural sector at constant wa…

Cite this page
Cai, Fang, “Chapter Five: Growing Pains: What Employment Dilemma Does China Face at Its Lewis Turning Point?”, in: Chinese Research Perspectives Online, Edited by: International Advisory Board Chinese Research Perspectives Online. Consulted online on 23 October 2017 <http://dx.doi.org/10.1163/2213-6002_crpn_C9789004182448_009>



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