Economy, asked by JatinBansal8481, 11 months ago

Critically examine the Ranis and Fei model of development.

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Answered by Anonymous

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The Fei–Ranis model of economic growth is a dualism model in developmental economics or welfare economics that has been developed by John C. H. Fei and Gustav Ranis and can be understood as an extension of the Lewis model. It is also known as the Surplus Labor model.

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