For Poor Nations, Productivity Begins on the Farm
hen discussing countries that have undergone astonishing economic transformations -- as, most notably, China has over the past few decades -- observers usually credit success to industrialization. After all, that’s the visible consequence of rapid growth: Where sleepy fishing villages once lay, ports and factories and high-speed rail networks spring up. The people who lived in those villages are in turn far more productive, working in those factories and shipping goods to the rest of the world through those ports. [node:read-more:link]