Migration and urbanization essay in Telugu
Answers
This chapter presents a discussion on migration and urbanization. The literature on Third World migration and urbanization is enormous and growing. The chapter presents an assessment of the most important components possible. The chapter discusses the demographics of the urban transition. The chapter examines the labor markets that link city with countryside. The size and persistence of rural-urban wage gaps and their implications for national income allocative losses are explored. This is followed by an assessment of the extent to which migrants actually respond to the gaps. From private rationality, the chapter then turns to social optimality including the questions of whether there are “too many” city immigrants in the Third World and the desirability of suppressing migration through government policy. The chapter also discusses on the sources of city growth and the so-called Hoselitz thesis. The chapter also discusses the question of how urban labor markets work. Here, the main debate since 1969 has been over the Todaro thesis. The chapter explores the evidence and contrasting policies that have emerged from the debate. It turns out that computable general equilibrium models of city growth offer an excellent device for organizing an answer to that question. The economic implications of the young adult selectivity bias appear to be straightforward, although there has been tittle research devoted to an assessment of their quantitative importance. The higher urban activity rates would imply higher per capita incomes.
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