Urban Growth and Uninsured Rural Risk : Booming Towns in Bust Times

  title={Urban Growth and Uninsured Rural Risk : Booming Towns in Bust Times},
  author={Steven Poelhekke},
  • Steven Poelhekke
  • Published 2009
The level of urbanization has increased by over 5 percentage points per decade outside the developed world since 1960. Rapid urbanization was accompanied by fast economic growth and job creation in most parts of the world. However, notably Africa (and Latin America after 1980) has had a different experience: while growth in GDP per capita slowed significantly or even reversed, the rate of urbanization continued its fast pace. This paper aims to explain this by introducing an aggregate risk… CONTINUE READING
11 Citations
50 References
Similar Papers


Publications citing this paper.
Showing 1-10 of 11 extracted citations


Publications referenced by this paper.
Showing 1-10 of 50 references

Evidence on the political economy of the urbanization process

  • J. C. Davis, J. V. Henderson
  • Journal of Urban Economics
  • 2003
Highly Influential
5 Excerpts

Analyzing third world urbanization: a model with empirical evidence, Economic Development and Cultural Change

  • J. K. Brueckner
  • 1990
Highly Influential
3 Excerpts

Biases in Dynamic Models with Fixed Effects

  • S. Nickell
  • Econometrica 49 1317-1426
  • 1981
Highly Influential
1 Excerpt

Polity IV Project, Center for International Development and Conflict Management

  • M. G. Marshall, T.R.K. Jaggers
  • Gurr
  • 2007

Rural Financial Markets

  • J. Conning
  • Udry
  • 2007

Similar Papers

Loading similar papers…