Resumen

LEWIS, W. Arthur. Economic development with unlimited supplies of labour. El trimestre econ [online]. 2024, vol.91, n.364, pp.973-1029.  Epub 18-Mar-2025. ISSN 2448-718X.  https://doi.org/10.20430/ete.v91i364.2522.

This paper takes up the classical scheme regarding the problems of distribution, accumulation, and growth, first in a closed economy, and then in an open one. It seeks to update such a theory in the light of modern knowledge and to see to what extent it can help to understand contemporary problems in different geographical territories of the world, in particular concerning subsistence wage levels in a scenario of unlimited labour supply.

Palabras llave : Income distribution; unlimited supplies of labour; subsistence wages; capitalist sector; capital formation; underdeveloped economy.

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