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Thursday, 31 July 2014. Circular Cumulative Causation Theory and Evidence. I believe that Myrdals theory of circular cumulative causation is somewhat overlooked, not only does it have its own merits, but I also think is applicable on a wider scale both within countries on a micro level and between nations on a macro level. I will preface Myrdals theory by explaining briefly the neoclassical approach to economic development which Myrdal criticises. Moreover, labour should theoretically to flow from l.CONTENT
This web page benseconomicsblog.blogspot.com states the following, "Circular Cumulative Causation Theory and Evidence." We saw that the webpage said " I believe that Myrdals theory of circular cumulative causation is somewhat overlooked, not only does it have its own merits, but I also think is applicable on a wider scale both within countries on a micro level and between nations on a macro level." It also said " I will preface Myrdals theory by explaining briefly the neoclassical approach to economic development which Myrdal criticises. Moreover, labour should theoretically to flow from l."