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Puzzles of Economic Growth

Puzzles of Economic Growth PDF Author: Leszek Balcerowicz
Publisher: World Bank Publications
ISBN: 1464803269
Category : Business & Economics
Languages : en
Pages : 355

Book Description
By comparing countries like Venezuela and Chile, China and India, Dominican Republic and Haiti, and others, the book tries to answer the questions of which institutions and policies are crucial for stable long term economic growth.

Puzzles of Economic Growth

Puzzles of Economic Growth PDF Author: Leszek Balcerowicz
Publisher: World Bank Publications
ISBN: 1464803269
Category : Business & Economics
Languages : en
Pages : 355

Book Description
By comparing countries like Venezuela and Chile, China and India, Dominican Republic and Haiti, and others, the book tries to answer the questions of which institutions and policies are crucial for stable long term economic growth.

The Determinants of Economic Growth

The Determinants of Economic Growth PDF Author: Maaike S. Oosterbaan
Publisher: Springer Science & Business Media
ISBN: 1461544831
Category : Business & Economics
Languages : en
Pages : 290

Book Description
Determinants of economic growth: An overview Thijs de Ruyter van Steveninck, Nico van der Windt, and Maaike Oosterbaan Netherlands Economic Institute What causes economic growth? Why have some countries grown much faster than others? Why do some countries not grow at all, or even experience negative (per capita) growth rates? What can governments do to raise the growth rates of their country? These questions were discussed at a conference on March 23 and 24, 1998, organized by the Netherlands Economic Institute (NEI) on behalf of the Netherlands Ministry of Foreign Affairs. This book contains the proceedings of the conference. Economic growth is widely considered as a necessary (though not sufficient) condition for poverty alleviation. During the past two decades, scholars and researchers have found a renewed interest in thinking about economic growth, and advances in the understanding of economic growth have taken place. On the one hand, the theoretical understanding of growth has progressed on various fronts, including endogenous technological innovation and increasing returns to scale; the interaction of population, fertility, human capital, and growth; international spill-overs in technology and capital accumulation; and the role of institutions. On the other hand, the increasing availability and use of data sets has given a large incentive to empirical research on cross-country growth, following the path-breaking work ofBarro (1991).

Schumpeterian Puzzles

Schumpeterian Puzzles PDF Author: Maria Brouwer
Publisher: University of Michigan Press
ISBN: 9780472102549
Category : Business & Economics
Languages : en
Pages : 286

Book Description
Combines Schumpeter's theory and modern economics to give a new view of innovation in small and large firms

Capital Fundamentalism, Economic Development, and Economic Growth

Capital Fundamentalism, Economic Development, and Economic Growth PDF Author: Robert Graham King
Publisher: World Bank Publications
ISBN:
Category : Capital
Languages : en
Pages : 53

Book Description
Should our research and policy advice be guided by a modern version of capital fundamentalism, in which capital and investment are viewed as the primary determinants of economic development and long- run growth? No. Capital accumulation seems to be part of the process of economic development, not its igniting source.

The Economics of Growth

The Economics of Growth PDF Author: Philippe Aghion
Publisher: MIT Press
ISBN: 0262553104
Category : Business & Economics
Languages : en
Pages : 519

Book Description
A comprehensive, rigorous, and up-to-date introduction to growth economics that presents all the major growth paradigms and shows how they can be used to analyze the growth process and growth policy design. This comprehensive introduction to economic growth presents the main facts and puzzles about growth, proposes simple methods and models needed to explain these facts, acquaints the reader with the most recent theoretical and empirical developments, and provides tools with which to analyze policy design. The treatment of growth theory is fully accessible to students with a background no more advanced than elementary calculus and probability theory; the reader need not master all the subtleties of dynamic programming and stochastic processes to learn what is essential about such issues as cross-country convergence, the effects of financial development on growth, and the consequences of globalization. The book, which grew out of courses taught by the authors at Harvard and Brown universities, can be used both by advanced undergraduate and graduate students, and as a reference for professional economists in government or international financial organizations. The Economics of Growth first presents the main growth paradigms: the neoclassical model, the AK model, Romer's product variety model, and the Schumpeterian model. The text then builds on the main paradigms to shed light on the dynamic process of growth and development, discussing such topics as club convergence, directed technical change, the transition from Malthusian stagnation to sustained growth, general purpose technologies, and the recent debate over institutions versus human capital as the primary factor in cross-country income differences. Finally, the book focuses on growth policies—analyzing the effects of liberalizing market competition and entry, education policy, trade liberalization, environmental and resource constraints, and stabilization policy—and the methodology of growth policy design. All chapters include literature reviews and problem sets. An appendix covers basic concepts of econometrics.

Understanding Poverty

Understanding Poverty PDF Author: Sheldon DANZIGER
Publisher: Harvard University Press
ISBN: 0674030176
Category : Social Science
Languages : en
Pages : 577

Book Description
In spite of an unprecedented period of growth and prosperity, the poverty rate in the United States remains high relative to the levels of the early 1970s and relative to those in many industrialized countries today. Understanding Poverty brings the problem of poverty in America to the fore, focusing on its nature and extent at the dawn of the twenty-first century.

Institutions and Norms in Economic Development

Institutions and Norms in Economic Development PDF Author: Mark Gradstein
Publisher: MIT Press
ISBN: 026207284X
Category : Business & Economics
Languages : en
Pages : 251

Book Description
Experts address "the development puzzle"--unprecedented growth coupled with unequal distribution of that growth across different countries--and focus on the importance of institutional arrangements and norms and culture.

Frontiers of Business Cycle Research

Frontiers of Business Cycle Research PDF Author: Thomas F. Cooley
Publisher: Princeton University Press
ISBN: 9780691043234
Category : Business & Economics
Languages : en
Pages : 452

Book Description
This introduction to modern business cycle theory uses a neoclassical growth framework to study the economic fluctuations associated with the business cycle. Presenting advances in dynamic economic theory and computational methods, it applies concepts to t

New Developments in Productivity Analysis

New Developments in Productivity Analysis PDF Author: Charles R. Hulten
Publisher: University of Chicago Press
ISBN: 0226360644
Category : Medical
Languages : en
Pages : 648

Book Description
The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.

Understanding Development Economics

Understanding Development Economics PDF Author: Adam Fforde
Publisher: Routledge
ISBN: 1134711360
Category : Business & Economics
Languages : en
Pages : 385

Book Description
Important parts of development practice, especially in key institutions such as the World Bank, are dominated by economists. In contrast, Development Studies is largely based upon multidisciplinary work in which anthropologists, human geographers, sociologists, and others play important roles. Hence, a tension has arisen between the claims made by Development Economics to be a scientific, measurable discipline prone to wide usage of mathematical modelling, and the more discursive, practice based approach favoured by Development Studies. The aim of this book is to show how the two disciplines have interacted, as well as how they differ. This is crucial in forming an understanding of development work, and to thinking about why policy recommendations can often lead to severe and continuing problems in developing countries. This book introduces Development Economics to those coming from two different but linked perspectives; economists and students of development who are not economists. In both explaining and critiquing Development Economics, the book is able to suggest the implications of these findings for Development Studies, and more broadly, for development policy and its outcomes.