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Rural-to-urban migration in ldcs

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1. Is there too much rural-to-urban migration in LDCs? Why or why not?

2. In virtually every country, the share of the workforce in agriculture drops sharply as per-capita incomes rise. Why? Is the exodus of people from farms inevitable?

3. How does the migration of labor out of rural areas affect rural development? Why is it hard to answer this question?

4. What is a CGE model, and why are CGE models more commonly used than two-sector models for policy analysis?

Reference no: EM131423949

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