Sentence examples for modern sector and from inspiring English sources

Instead of developing a unified capital market for the whole country, it aggravates the financial dualism characterized by low rates of interest in the modern sector and high rates in the traditional sector.

More workers will transfer from the rural economy to the modern sector, and the growth rate γ will increase further.

This outcome ensures constant employment and aggregate capital in the modern sector, and thus an equilibrium output level Q2.

Many households believe education assists family members to find jobs in the modern sector and urban economy.

The influence of primary product price booms and the implementation of targeted policies for the modern sector and traditional agriculture on marginal land are then analyzed.

Avoiding such an outcome and combating the inherent dualism of the economy require both targeted polices for the modern sector and traditional agriculture on marginal land.

This outcome is in accord with the industrial and structural transformation policies that are frequently advocated to encourage modern sector growth in developing economies, and especially in Latin America and the Caribbean (Lin 2011; McMillan and Rodrik 2011; Ocampo et al. 2009; Rodrik 2007, 2010).

China's small modern sector, including railways, roads and industrial sites, was largely destroyed.

On the other hand, economies with a greater share of their workforce employed in industry and other modern sector activities are likely to develop more rapidly, and hence have higher rates of long-run economic growth.

If it turns out that ( gamma < 0 ), then the capital labor ratio and aggregate capital will decline, employment will fall and the modern sector will contract.

There is perfect labor mobility between the rural economy and the modern sector.