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Arthur Lewis
Sir Arthur Lewis was a Caribbean economist who made significant contributions to the field of development economics. He was born in St. Lucia and received his education in the UK, where he later taught and conducted research. Lewis is best known for his work on the dual sector model of economic development, which explains how economies can grow and develop by moving labour and resources from the traditional sector (such as agriculture) to the modern sector (such as manufacturing). Lewis' work on economic development and his contributions to the understanding of economic growth in developing countries earned him the Nobel Memorial Prize in Economic Sciences in 1979.
See also
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Wages Soar as China reaches the Lewis Turning Point
2nd March 2017
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Economics and Me: Black Lives Matter
15th June 2020
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Lewis Turning Point: Rising Wages and Robot Demand in China
4th February 2018
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Why Africa’s development model puzzles economists
21st August 2017
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The End of the Chinese Economic Miracle
9th March 2016
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China’s textile exports decline in 2015
14th January 2016
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Arthur Lewis and Development Economics
6th March 2015
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China at the Lewis Turning Point
10th May 2015
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Collier and Rodrik on Understanding Development
26th June 2015