This paper aims to provide a descriptive and analytical account of the extent to which agriculture in the developing economies has become integrated with external markets. For most developing economies (DEs), the 1980s were a time of crisis when liberal reforms, including domestic and external...

According to the mainstream theory of equilibrium unemployment, persistent unemployment is caused (mainly) by "excessive" labor market regulation, whereas aggregate demand, capital accumulation, and technological progress have no lasting effect on unemployment. We argue that the mainstream...