Growth Divergences

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Growth Divergences

Jose Antonio Ocampo,Jomo Kwame Sundaram,Rob Vos
Growth Divergences Book PDF

Author : Jose Antonio Ocampo,Jomo Kwame Sundaram,Rob Vos
Publisher : Zed Books
Page : 388 pages
File Size : 52,6 Mb
Release : 2007
Category : Business & Economics
ISBN : UOM:39076002734783

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Growth Divergences by Jose Antonio Ocampo,Jomo Kwame Sundaram,Rob Vos Pdf

Unlike the 1950s and 1960s, when the rising tide of economic growth lifted most economies, the last three decades have been characterized by a paradox of greater international economic integration as well as divergent economic growth performances. The growing North-South gap of the last two centuries has been moderated recently by the better economic performance of China, India and others in East Asia, implying the expansion of the 'middle income' category. This volume of analytical studies seeks to explain these major differences in economic performance in recent decades by considering the dynamics of international economic growth, diverging growth rates, economic structures, and sources of demand, successes and collapses in the developing world, and recent episodes of real income stagnation of countries. Several chapters critically review recent misleading claims and the conventional wisdom regarding the relationship of trade liberalization, financial development, development, aid, infrastructure spending, violent conflict, good governance, and industrial policy to economic growth.

The causes of "The Great Divergence"

Ali-Abbas Punjani
The causes of The Great Divergence Book PDF

Author : Ali-Abbas Punjani
Publisher : GRIN Verlag
Page : 3 pages
File Size : 55,6 Mb
Release : 2013-05-24
Category : Business & Economics
ISBN : 9783656429524

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The causes of "The Great Divergence" by Ali-Abbas Punjani Pdf

Essay from the year 2010 in the subject Economics - Macro-economics, general, grade: A, University of Warwick, course: Economics, language: English, abstract: In this essay I aim to investigate two theories of economic growth of the western world; the development of institutions and the exploitation of the periphery. This may give us some indication of the causes of “The Great Divergence” and suggest methods by which growth of other, less developed, countries can be accelerated.

The Great Divergence

Timothy Noah
The Great Divergence Book PDF

Author : Timothy Noah
Publisher : Bloomsbury Publishing USA
Page : 273 pages
File Size : 41,8 Mb
Release : 2012-04-24
Category : Political Science
ISBN : 9781608196340

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The Great Divergence by Timothy Noah Pdf

For the past three decades, America has steadily become a nation of haves and have-nots. Our incomes are increasingly unequal. This steady growing apart is often mentioned as a troubling indicator by scholars and policy analysts, though seldom addressed by politicians. What economics Nobelist Paul Krugman terms "the Great Divergence" has till now been treated as little more than a talking point, a rhetorical club to be wielded in ideological battles. But this Great Divergence may be the most important change in this country during our lifetimes-a drastic, elemental change in the character of American society, and not at all for the better. The inequality gap is much more than a left-right hot potato-its causes and consequences call for a patient, non-partisan exploration. Timothy Noah's The Great Divergence, based on his award-winning series of articles for Slate, surveys the roots of the wealth gap, drawing on the best thinking of contemporary economists and political scientists. Noah also explores potential solutions to the problem, and explores why the growing rich-poor divide has sparked remarkably little public anger, in contrast to social unrest that prevailed before the New Deal. The Great Divergence is poised to be one of the most talked-about books of 2012, a jump-start to the national conversation about the shape of American society in the 21st century, and a work that will help frame the debate in a Presidential election year.

Divergences in Productivity Between Europe and the United States

Gilbert Cette,Michel Fouquin,Hans-Werner Sinn
Divergences in Productivity Between Europe and the United States Book PDF

Author : Gilbert Cette,Michel Fouquin,Hans-Werner Sinn
Publisher : Edward Elgar Publishing
Page : 272 pages
File Size : 48,9 Mb
Release : 2007-01-01
Category : Business & Economics
ISBN : 1782541888

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Divergences in Productivity Between Europe and the United States by Gilbert Cette,Michel Fouquin,Hans-Werner Sinn Pdf

Papers from a seminar held at the Royaumont Abbey on 22 and 23 March 2004, and organized by the Banque de France, CEPII, and the Ifo Institute for Economic Research at the University of Munich.

Great Divergence and Great Convergence

Leonid Grinin,Andrey Korotayev
Great Divergence and Great Convergence Book PDF

Author : Leonid Grinin,Andrey Korotayev
Publisher : Springer
Page : 251 pages
File Size : 44,8 Mb
Release : 2015-05-09
Category : Business & Economics
ISBN : 9783319177809

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Great Divergence and Great Convergence by Leonid Grinin,Andrey Korotayev Pdf

This new monograph provides a stimulating new take on hotly contested topics in world modernization and the globalizing economy. It begins by situating what is called the Great Divergence--the social/technological revolution that led European nations to outpace the early dominance of Asia--in historical context over centuries. This is contrasted with an equally powerful Great Convergence, the recent economic and technological expansion taking place in Third World nations and characterized by narrowing inequity among nations. They are seen here as two phases of an inevitable global process, centuries in the making, with the potential for both positive and negative results. This sophisticated presentation examines: Why the developing world is growing more rapidly than the developed world. How this development began occurring under the Western world's radar. How former colonies of major powers grew to drive the world's economy. Why so many Western economists have been slow to recognize the Great Convergence. The increasing risk of geopolitical instability. Why the world is likely to find itself without an absolute leader after the end of the American hegemony A work of rare scope, Great Divergence and Great Convergence gives sociologists, global economists, demographers, and global historians a deeper understanding of the broader movement of social and economic history, combined with a long view of history as it is currently being made; it also offers some thrilling forecasts for global development in the forthcoming decades.

Convergence or Divergence in Europe?

Olivier de Bandt,Heinz Herrmann,Giuseppe Parigi
Convergence or Divergence in Europe Book PDF

Author : Olivier de Bandt,Heinz Herrmann,Giuseppe Parigi
Publisher : Springer Science & Business Media
Page : 379 pages
File Size : 51,6 Mb
Release : 2006-09-28
Category : Business & Economics
ISBN : 9783540326113

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Convergence or Divergence in Europe? by Olivier de Bandt,Heinz Herrmann,Giuseppe Parigi Pdf

Against the background of the introduction of the Euro in 1999, France, Germany and Italy have recently experienced higher divergence in terms of GDP growth. Based on a set of original papers produced by a team of economists from the three main National Central Banks of the Euro area this book analyses the latest developments in three important European economies in a broad perspective, using modern econometric techniques.

Before and Beyond Divergence

Jean-Laurent Rosenthal,R. Bin Wong
Before and Beyond Divergence Book PDF

Author : Jean-Laurent Rosenthal,R. Bin Wong
Publisher : Harvard University Press
Page : 291 pages
File Size : 45,9 Mb
Release : 2011-04-01
Category : Business & Economics
ISBN : 9780674266841

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Before and Beyond Divergence by Jean-Laurent Rosenthal,R. Bin Wong Pdf

China has reemerged as a powerhouse in the global economy, reviving a classic question in economic history: why did sustained economic growth arise in Europe rather than in China? Many favor cultural and environmental explanations of the nineteenth-century economic divergence between Europe and the rest of the world. This book, the product of over twenty years of research, takes a sharply different tack. It argues that political differences which crystallized well before 1800 were responsible both for China’s early and more recent prosperity and for Europe’s difficulties after the fall of the Roman Empire and during early industrialization. Rosenthal and Wong show that relative prices matter to how economies evolve; institutions can have a large effect on relative prices; and the spatial scale of polities can affect the choices of institutions in the long run. Their historical perspective on institutional change has surprising implications for understanding modern transformations in China and Europe and for future expectations. It also yields insights in comparative economic history, essential to any larger social science account of modern world history.

Economic Convergence and Divergence in Europe

Gertrude Tumpel-Gugerell,Peter Mooslechner
Economic Convergence and Divergence in Europe Book PDF

Author : Gertrude Tumpel-Gugerell,Peter Mooslechner
Publisher : Edward Elgar Publishing
Page : 498 pages
File Size : 43,9 Mb
Release : 2003-01-01
Category : Business & Economics
ISBN : 1781951284

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Economic Convergence and Divergence in Europe by Gertrude Tumpel-Gugerell,Peter Mooslechner Pdf

Recoge : 1. Introductory session. - 2. Past convergence within the European Union. - 3. Accesion countries : achievements in real convergence. - 4. Accesion countries : how to balance real and nominal convergence challenges for monetary and exchange rate policy. - 5. Does the financial sector contribute to real growth? - 6. Is there somebody left out in the cold? prospects of CEE countries other than current accesion countries. - 7. Policy challenges within the (enlarged) EU : how to foster economic convergence?

Convergence, Divergence and Changing Trade Patterns

Klaus Wälde
Convergence Divergence and Changing Trade Patterns Book PDF

Author : Klaus Wälde
Publisher : Springer Science & Business Media
Page : 149 pages
File Size : 47,9 Mb
Release : 2013-04-17
Category : Business & Economics
ISBN : 9783642500343

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Convergence, Divergence and Changing Trade Patterns by Klaus Wälde Pdf

1. Introduction and overview Until still few years ago, economic growth theory (going back to Solow, 1956; for an introduction cf. Burmeister and Dobell, 1970) predicted convergence of both growth rates and level of per capita income of economies which share identical preferences, technologies and same population growth rates, independently of initial conditions. Countries with a low capital stock grow faster than those with a higher capital stock, until, in the long-run, they all converge to a common constant growth rate. This prediction is due to the way how growth is "explained" in models of this kind. Growth of output per capita resulted, in the simplest model, from an exogenous growth oflabour productivity (see e. g. Sala-i-Martin, 1990; Grossman and Helpman, 1991a, ch. 2). Si!1ce this increase of productivity is exogenously given, the model itselfdoes not give any explanation ofits source. The prediction ofconvergence ofgrowth rates, itself, is very doubtful and observations show, that on an international level either convergence is not given at all, or that it takes a very long time. The literature of the "new" theory of growth provides a rich variety of models whose theoretical implications range from divergence to convergence and thus offers much better working tools in order to analyze real world observations. These models (starting with Romer, 1986 and Lucas, 1988) explain growth of GNP or per capita income from within the model by includingexternal effects such as a public stock ofknowledge capital (e. g.

The Great Divergence

Kenneth Pomeranz
The Great Divergence Book PDF

Author : Kenneth Pomeranz
Publisher : Princeton University Press
Page : 404 pages
File Size : 55,7 Mb
Release : 2021-04-13
Category : Business & Economics
ISBN : 9780691217185

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The Great Divergence by Kenneth Pomeranz Pdf

A landmark comparative history of Europe and China that examines why the Industrial Revolution emerged in the West The Great Divergence sheds light on one of the great questions of history: Why did sustained industrial growth begin in Northwest Europe? Historian Kenneth Pomeranz shows that as recently as 1750, life expectancy, consumption, and product and factor markets were comparable in Europe and East Asia. Moreover, key regions in China and Japan were no worse off ecologically than those in Western Europe, with each region facing corresponding shortages of land-intensive products. Pomeranz’s comparative lens reveals the two critical factors resulting in Europe's nineteenth-century divergence—the fortunate location of coal and access to trade with the New World. As East Asia’s economy stagnated, Europe narrowly escaped the same fate largely due to favorable resource stocks from underground and overseas. This Princeton Classics edition includes a preface from the author and makes a powerful historical work available to new readers.

Asia-Africa Development Divergence

David Henley
Asia Africa Development Divergence Book PDF

Author : David Henley
Publisher : Zed Books Ltd.
Page : 279 pages
File Size : 45,6 Mb
Release : 2015-02-12
Category : Social Science
ISBN : 9781783602803

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Asia-Africa Development Divergence by David Henley Pdf

Why have South-East Asian countries like Malaysia, Indonesia and Vietnam been so successful in reducing levels of absolute poverty, while in African countries like Kenya, Nigeria and Tanzania, despite recent economic growth, most people are still almost as poor as they were half a century ago? This book presents a simple, radical explanation for the great divergence in development performance between Asia and Africa: the absence in most parts of Africa, and the presence in Asia, of serious developmental intent on the part of national political leaders.

Economic Growth in Developing Countries

M.L. Lakhera
Economic Growth in Developing Countries Book PDF

Author : M.L. Lakhera
Publisher : Springer
Page : 263 pages
File Size : 54,6 Mb
Release : 2016-01-28
Category : Business & Economics
ISBN : 9781137538079

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Economic Growth in Developing Countries by M.L. Lakhera Pdf

Economic growth across countries during the last 30 years or so has displayed 'dual' divergence between developed and developing countries, and among developing countries. The structural transformation has been either slow or of an anomalous nature. The study addresses these and suggests how they can catch-up with developed world.

The Great Divergence Reconsidered

Roman Studer
The Great Divergence Reconsidered Book PDF

Author : Roman Studer
Publisher : Cambridge University Press
Page : 245 pages
File Size : 45,9 Mb
Release : 2015-01-29
Category : Business & Economics
ISBN : 9781107020542

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The Great Divergence Reconsidered by Roman Studer Pdf

Studer shows that institutional, geographical, political, and technological factors account for Europe's rise to undisputed world economic leader.

State, Economy and the Great Divergence

Peer Vries
State Economy and the Great Divergence Book PDF

Author : Peer Vries
Publisher : Bloomsbury Publishing
Page : 513 pages
File Size : 45,9 Mb
Release : 2015-02-26
Category : History
ISBN : 9781472529183

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State, Economy and the Great Divergence by Peer Vries Pdf

State, Economy and the Great Divergence provides a new analysis of what has become the central debate in global economic history: the 'great divergence' between European and Asian growth. Focusing on early modern China and Western Europe, in particular Great Britain, this book offers a new level of detail on comparative state formation that has wide-reaching implications for European, Eurasian and global history. Beginning with an overview of the historiography, Peer Vries goes on to extend and develop the debate, critically engaging with the huge volume of literature published on the topic to date. Incorporating recent insights, he offers a compelling alternative to the claims to East-West equivalence, or Asian superiority, which have come to dominate discourse surrounding this issue. This is a vital update to a key issue in global economic history and, as such, is essential reading for students and scholars interested in keeping up to speed with the on-going debates.

The Great Divergence

Jomo Kwame Sundaram
The Great Divergence Book PDF

Author : Jomo Kwame Sundaram
Publisher : Unknown
Page : 280 pages
File Size : 43,7 Mb
Release : 2005
Category : Business & Economics
ISBN : UCSD:31822035226836

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The Great Divergence by Jomo Kwame Sundaram Pdf

The volume consists of historical surveys of North-South cross-border economic flows and their impact on the Third World. Each chapter discusses international trade, investment, finance, and labor from the late nineteenth century to the present.