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Some Aspects of Balanced Economic Development

Some Aspects of Balanced Economic Development PDF Author: Nasreldin Mubarak
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages :

Book Description
"It is often lamented that in spite of the flow of recent literature, economies has not produced a real theory of development. Growth economists have not been able to construct, much less to agree on, a single chain of causes and effects that would neatly explain the transition from underdevelopment to development. While this "failure" is of course only to the credit of economists, it cannot be denied that their analysis of the growth process of advanced industrial countries has yielded to them an apparatus of seemingly ready applicability to the most primitive economies. This is the kind of "external economies" which accrue frequently in the course of scientific progress: one branch profits from the discoveries and insights of another." --

Some Aspects of Balanced Economic Development

Some Aspects of Balanced Economic Development PDF Author: Nasreldin Mubarak
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages :

Book Description
"It is often lamented that in spite of the flow of recent literature, economies has not produced a real theory of development. Growth economists have not been able to construct, much less to agree on, a single chain of causes and effects that would neatly explain the transition from underdevelopment to development. While this "failure" is of course only to the credit of economists, it cannot be denied that their analysis of the growth process of advanced industrial countries has yielded to them an apparatus of seemingly ready applicability to the most primitive economies. This is the kind of "external economies" which accrue frequently in the course of scientific progress: one branch profits from the discoveries and insights of another." --

Balanced Growth

Balanced Growth PDF Author: Giulia Mennillo
Publisher: Springer Science & Business Media
ISBN: 3642246532
Category : Business & Economics
Languages : en
Pages : 206

Book Description
What is balanced growth? This book shows that the definitions and implications of the concept of balanced growth vary significantly among the different disciplines in economic science, but are not exclusive at all. Terms such as sustainability or balanced growth have become buzzwords. In practice, they are often a desirable vision rather than an achievable objective. Why? Doubts may arise about the extent to which such concepts are compatible with a modern market economy. Is balanced growth possible at all? Is it reasonable to accept balanced growth as a norm? Why should a balanced growth path be a desirable strategy to pursue for policymakers, managers, employees, and other societal stakeholders? Empirical evidence suggests that the actual worldwide economic growth is not balanced at all. Meanwhile, ever since the beginning of the financial and economic crisis in 2007 and its accompanying spillover effects, our globalizing world has uncompromisingly shown the flip side of its coin. Its crisis-prone character has intensified the discussion about our economic system’s sustainability. Questions related to acceptable sovereign debt levels, suitable trade deficits and surpluses, firms’ growth targets, resource management and efficiency have aroused high interest. What is the cause of the observed imbalances? In our opinion, this debate must involve rethinking the qualitative and quantitative dimension of our present understanding of the nature of economic growth. This book accompanies the 9th DocNet Management Symposium of the University of St. Gallen, Switzerland. It contains contributions of the symposium's panel speakers, renowned authors to the field and young researchers. The Ph.D. students’ and post-doctoral association DocNet organizes the DocNet Management Symposium on a yearly basis with the goal to foster exchange between academia and practitioners.

BALANCED NATIONAL GROWTH AND ECONOMIC DEVELOPMENT - FINAL REPORT.

BALANCED NATIONAL GROWTH AND ECONOMIC DEVELOPMENT - FINAL REPORT. PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description


Balanced Growth

Balanced Growth PDF Author: Giulia Mennillo
Publisher: Springer
ISBN: 9783642246548
Category : Business & Economics
Languages : en
Pages : 202

Book Description
What is balanced growth? This book shows that the definitions and implications of the concept of balanced growth vary significantly among the different disciplines in economic science, but are not exclusive at all. Terms such as sustainability or balanced growth have become buzzwords. In practice, they are often a desirable vision rather than an achievable objective. Why? Doubts may arise about the extent to which such concepts are compatible with a modern market economy. Is balanced growth possible at all? Is it reasonable to accept balanced growth as a norm? Why should a balanced growth path be a desirable strategy to pursue for policymakers, managers, employees, and other societal stakeholders? Empirical evidence suggests that the actual worldwide economic growth is not balanced at all. Meanwhile, ever since the beginning of the financial and economic crisis in 2007 and its accompanying spillover effects, our globalizing world has uncompromisingly shown the flip side of its coin. Its crisis-prone character has intensified the discussion about our economic system’s sustainability. Questions related to acceptable sovereign debt levels, suitable trade deficits and surpluses, firms’ growth targets, resource management and efficiency have aroused high interest. What is the cause of the observed imbalances? In our opinion, this debate must involve rethinking the qualitative and quantitative dimension of our present understanding of the nature of economic growth. This book accompanies the 9th DocNet Management Symposium of the University of St. Gallen, Switzerland. It contains contributions of the symposium's panel speakers, renowned authors to the field and young researchers. The Ph.D. students’ and post-doctoral association DocNet organizes the DocNet Management Symposium on a yearly basis with the goal to foster exchange between academia and practitioners.

The Strategy of Economic Development. (Third Printing.).

The Strategy of Economic Development. (Third Printing.). PDF Author: Albert Otto HIRSCHMAN
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description


Beyond Balanced Growth. Economic Development; Industrialization

Beyond Balanced Growth. Economic Development; Industrialization PDF Author: Piyabha P. Kongsamut
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
One of the most striking regularities of the growth process is the massive reallocation of labor from agriculture into industry and services. Balanced growth models are commonly used in macroeconomics because they are consistent with the well-known Kaldor facts about economic growth. These models are, however, inconsistent with the structural change dynamics that are a central feature of economic development. This paper discusses models with generalized balanced growth paths. These paths retain some of the key features of balanced growth but are consistent with the observed labor reallocations dynamics.

Development Economics in the Twenty-First Century

Development Economics in the Twenty-First Century PDF Author: Claudia Sunna
Publisher: Routledge
ISBN: 131721997X
Category : Business & Economics
Languages : en
Pages : 201

Book Description
Development Economics has been identified as a homogeneous body of theory since the 1950s, concerned both with the study of development issues and with the shaping of more effective policies for less advanced economies. Development Economics in the Twenty-First Century brings together an international contributor team in order to explore the origins and evolution of development economics. This book highlights the different elements of ‘high development theory’ through a precise reconstruction of the different theoretical approaches that developed between the 1950s and the 1970s. These include the theory of balanced and unbalanced growth theory, the debate on international trade, the concept of dualism, dependency theory, structuralism and the analysis of poverty and institutions. The chapters highlight the relevance and usefulness of these analyses for the contemporary theoretical debate on development issues. Comparative perspectives are explored and analysed, including those of Keynes, Hirschman, Krugman and Stiglitz. The chapters situate development economics within current debates among economists and historians of economic thought, providing a platform for future research. This book is suitable for researchers and students with an interest in Development Economics, the History of Economic development and the Economics of Developing Countries.

Some Aspects of the Theory of Economic Development

Some Aspects of the Theory of Economic Development PDF Author: James Stemble Duesenberry
Publisher:
ISBN:
Category : Capital
Languages : en
Pages : 40

Book Description


The Strategy of Economic Development

The Strategy of Economic Development PDF Author: Albert O. Hirschman
Publisher: New Haven : Yale University Press
ISBN:
Category : Economic development
Languages : en
Pages : 242

Book Description
Preliminary explorations. Growth models and development processes. Balanced growth: a critique. Unbalanced growth: an espousal. Investment choices and strategies. Interdependence and industrialization. Industrialization: further characteristic aspects. Efficiency and growth of the individual firm. The role of disturbances. Interregional and international transmission of economic growth. Functions of Government and foreing aid.

International Aspects of Economic Development

International Aspects of Economic Development PDF Author: Graham Bird
Publisher: Academic Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 268

Book Description
Within development economics, there has always been a tendency to draw a distinction between the domestic and international aspects of the subject, with many economists arguing that the domestic context is of much greater interest than the international arena in which it exists. This is an extreme view which ignores the complex interplay between the internal and external environments. International Aspects of Economic Development examines important aspects of economic development--debt, energy, environment, industrialization, trade, and aid-and shows that these are problems that cannot be viewed solely from one country's perspective, but must be viewed as part of an international system to gain the greatest understanding. Key Features * Written by well known international economists * Discusses all aspects of economic development