Factor Shares and Savings in Endogenous Growth PDF Download

Author: Giuseppe Bertola
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 44

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Book Description
This paper studies the distributive effects of growth when different agents' income is drawn from accumulated and non-accumulated factors of production in different proportions, notes that political interactions may contribute to determine factor shares and growth when income sources are heterogeneous, and suggests that distributional issues should be taken into account both when formulating growth-oriented policy prescriptions and when interpreting the wide dispersion of growth rates across economies and over time.

Author: Lotsmart Fonjong
Publisher: African Books Collective
ISBN: 995655197X
Category : Business & Economics
Languages : en
Pages : 364

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Book Description
Cameroon is rich in petroleum, minerals, tropical forests, wildlife, water systems, fertile lands, and much more. Paradoxically however, most citizens live in abject poverty and without jobs, potable water, electricity, good healthcare and roads. This book is a thoughtful interrogation of some of the structural factors driving persistent poverty in Cameroon in the midst of natural resource abundance. It engages in a multidimensional critical analysis of the impact of natural resources on basic development indicators and concludes that good resource governance and sound management are the missing link. Natural resources alone will not create socio-economic prosperity void of good management with a clear development vision and strategy in Cameroon. The book assembles a wide diversity of analysis, views, perspectives and recommendations from economists, development experts, social and political scientists, on Cameroons current development inertia. What emerges in the end is a coherent interdisciplinary analysis of the natural resource-development paradox as it plays out in an African setting. Theories and good practices from Africa and beyond are systematically applied to identify and critique present policy and management approaches while providing alternative options that can unlock Cameroons natural resource wealth for national prosperity.

Author: APARAJITA MUKHERJEE
Publisher: PHI Learning Pvt. Ltd.
ISBN: 812035219X
Category : Business & Economics
Languages : en
Pages : 406

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Book Description
Development economics is a branch of study that focuses on improving the economies of developing countries examining both macroeconomic and microeconomic factors relating to the structure of a developing economy. The main objective of the book is to present major issues of development economies. It takes up an analysis of the limitations of accumulation-centric growth process and introduces the readers to alternative development paradigms along with their critics. Organised into fourteen chapters, the initial chapters discuss historical background of less developed economies, post-colonial development patterns in the context of establishment of the World Bank, the IMF and the GATT, economic models like classical development ideas, Marxian model, the Marginalist economies, Alfred Marshall and the neoclassical school and ideas of Keynes. The book skillfully explains some of the development macro models based on industry-agriculture interactions, structure of agriculture, population and role of market and state in economic development. The later chapters delve on capability approaches to development and thematic deficiency of traditional development economics, and relation between inequality, poverty and development. In this context the book takes up the analysis of the concept of ‘Development Management’ and its application to less developed economies.

Author: John B. Shoven
Publisher: University of Chicago Press
ISBN: 0226044351
Category : Business & Economics
Languages : en
Pages : 396

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Book Description
The past decade has witnessed a decline in saving throughout the developed world—the United States has the dubious distinction of leading the way. The consequences can be serious. For individuals, their own economic security and that of their families is jeopardized. For society, inadequate rates of saving have been blamed for a variety of ills—decreasing the competitive abilities of American industry, slowing capital accumulation, increasing our trade deficit, and forcing the sale of capital stock to foreign investors at bargain prices. Restoring acceptable rates of saving in the United States poses a major challenge to those who formulate national economic policy, especially since economists and policymakers alike still understand little about what motivates people to save. In National Saving and Economic Performance, edited by B. Douglas Bernheim and John B. Shoven, that task is addressed by offering the results of new research, with recommendations for policies aimed to improve saving. Leading experts in diverse fields of economics debate the need for more accurate measurement of official saving data; examine how corporate decisions to retain or distribute earnings affect household-level consumption and saving; and investigate the effects of taxation on saving behavior, correlations between national saving and international investment over time, and the influence of economic growth on saving. Presenting the most comprehensive and up-to-date research on saving, this volume will benefit both academic and government economists.

Author: Driouchi, Ahmed
Publisher: IGI Global
ISBN: 146665211X
Category : Business & Economics
Languages : en
Pages : 463

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Book Description
The Arab world is one of the fastest growing economies in the world. In order to keep up with the ever-progressing and expanding developments, advancements must be made with the current systems process and procedures. Knowledge-Based Economic Policy Development in the Arab World focuses on knowledge economy as the most important engine for economic growth and development under the globalizing world economies. This publication analyzes the major issues that constrain further access to knowledge economy in the Arab countries with comparisons in Eastern and Central European economies. Researchers, business practitioners, and academics interested in new economic and development inclusive growth policies will benefit greatly from the wide variety of discussion in this publication.

Author: Robert Fitzgerald
Publisher: Routledge
ISBN: 1136303995
Category : Business & Economics
Languages : en
Pages : 168

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Book Description
This book explores the role of national governments during the process of industrialisation in East Asia and examines the relationship between the State and business, clearing up many Western misconceptions. The similarities and differences which exist between nations in this region and the influence of Japan as a role model are also investigated. Government-industry linkages and an overview of economic rationale also studied in this volume are following the establishment of market orientated economies in many Far Eastern countries. This book brings new insight into the business-politics relationship which gives the reader a complete understanding of the East Asian economic 'miracle'.

Author: T. Palley
Publisher: Springer
ISBN: 1137265825
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
The term financialization is a term that has become popular to describe developments within the global economy, and particularly within developed industrialized economies, over the past thirty years. The book is divided into four sections, which together give a comprehensive treatment of the economics and political economy of financialization.

Author: Peter Skott
Publisher: Cambridge University Press
ISBN: 1009367323
Category : Business & Economics
Languages : en
Pages : 397

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Book Description
"This book presents an empirically grounded alternative to prevailing macroeconomic orthodoxy. Using evidence from behavioral economics and insights from Keynesian and institutionalist traditions, it is essential reading for graduate students, researchers and professional economists who have become critical of graduate-level macroeconomic theory"--

Author: Engelbert Stockhammer
Publisher: Springer
ISBN: 1137357932
Category : Business & Economics
Languages : en
Pages : 329

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Book Description
This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.

Author: Inter-American Development Bank
Publisher: Springer
ISBN: 1349949299
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
Why should people - and economies - save? This book on the savings problem in Latin America and the Caribbean suggests that, while saving to survive the bad times is important, saving to thrive in the good times is what really counts. People must save to invest in health and education, live productive and fulfilling lives, and make the most of their retirement years. Firms must save to grow their enterprises, employ more workers in better jobs, and produce quality goods. Governments must save to build the infrastructure required by a productive economy, provide quality services to their citizens, and assure their senior citizens a dignified, worry-free retirement. In short, countries must save not for the proverbial rainy day, but for a sunny day - a time when everyone can bask in the benefits of growth, prosperity, and well-being. This book is open access under a CC BY-NC-ND 3.0 IGO license.