The Mystery Of Economic Growth

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The Mystery of Economic Growth

Elhanan Helpman
The Mystery of Economic Growth Book PDF

Author : Elhanan Helpman
Publisher : Harvard University Press
Page : 252 pages
File Size : 51,9 Mb
Release : 2010-05-01
Category : Business & Economics
ISBN : 9780674254350

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The Mystery of Economic Growth by Elhanan Helpman Pdf

Far more than an intellectual puzzle for pundits, economists, and policymakers, economic growth--its makings and workings--is a subject that affects the well-being of billions of people around the globe. In The Mystery of Economic Growth, Elhanan Helpman discusses the vast research that has revolutionized understanding of this subject in recent years, and summarizes and explains its critical messages in clear, concise, and accessible terms. The tale of growth economics, as Helpman tells it, is organized around a number of themes: the importance of the accumulation of physical and human capital; the effect of technological factors on the rate of this accumulation; the process of knowledge creation and its influence on productivity; the interdependence of the growth rates of different countries; and, finally, the role of economic and political institutions in encouraging accumulation, innovation, and change. One of the leading researchers of economic growth, Helpman succinctly reviews, critiques, and integrates current research--on capital accumulation, education, productivity, trade, inequality, geography, and institutions--and clarifies its relevance for global economic inequities. In particular, he points to institutions--including property rights protection, legal systems, customs, and political systems--as the key to the mystery of economic growth. Solving this mystery could lead to policies capable of setting the poorest countries on the path toward sustained growth of per capita income and all that that implies--and Helpman's work is a welcome and necessary step in this direction.

The Sources of Economic Growth

Richard R. Nelson
The Sources of Economic Growth Book PDF

Author : Richard R. Nelson
Publisher : Harvard University Press
Page : 340 pages
File Size : 46,9 Mb
Release : 2000
Category : Business & Economics
ISBN : 0674001729

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The Sources of Economic Growth by Richard R. Nelson Pdf

Technological advance is the key driving force behind economic growth, argues Richard Nelson. Drawing on a deep knowledge of economic and technological history as well as the tools of economic analysis, he exposes the intimate connections among government policies, science-based universities, and the growth of technology.

Why Growth Matters

Jagdish Bhagwati,Arvind Panagariya
Why Growth Matters Book PDF

Author : Jagdish Bhagwati,Arvind Panagariya
Publisher : PublicAffairs
Page : 304 pages
File Size : 53,6 Mb
Release : 2013-04-09
Category : History
ISBN : 9781610392723

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Why Growth Matters by Jagdish Bhagwati,Arvind Panagariya Pdf

In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral challenge: lifting a great number of extremely poor people out of poverty? Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: economic growth, led by markets overseen and encouraged by liberal state policies. Their radical message has huge consequences for economists, development NGOs and anti-poverty campaigners worldwide. There are vital lessons here not only for Southeast Asia, but for Africa, Eastern Europe, and anyone who cares that the effort to eradicate poverty is more than just good intentions. If you want it to work, you need growth. With all that implies.

Globalization and Inequality

Elhanan Helpman
Globalization and Inequality Book PDF

Author : Elhanan Helpman
Publisher : Harvard University Press
Page : 232 pages
File Size : 42,8 Mb
Release : 2018-08-06
Category : Business & Economics
ISBN : 9780674988934

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Globalization and Inequality by Elhanan Helpman Pdf

Globalization is not the primary cause of rising inequality. That is the conclusion of this penetrating study by Elhanan Helpman, a leading expert on international trade. If we wish to curb inequality while protecting what is best about globalization, he shows, we must start with a clear view of how globalization does, and does not, shape our world.

Theorists of Economic Growth from David Hume to the Present

W. W. Rostow
Theorists of Economic Growth from David Hume to the Present Book PDF

Author : W. W. Rostow
Publisher : Oxford University Press
Page : 733 pages
File Size : 52,9 Mb
Release : 1992-09-24
Category : Business & Economics
ISBN : 9780195359794

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Theorists of Economic Growth from David Hume to the Present by W. W. Rostow Pdf

This history of theories and theorists of economic growth elucidates the economic theory, economic history, and public policy observations of the renowned scholar W. W. Rostow. Looking at the economic growth theories of the classic economists up to 1870, Rostow compares Hume and Adam Smith, Malthus and Ricardo, and J.S. Mill and Karl Marx. He then examines the period 1870-1939 and its economic theorists, including Schumpeter, Colin Clark, Kuznets, and Harrod, and surveys the three forms of growth analysis in the postwar era: formal models, statistical morphology, and development theories. This authoritative overview also includes an agenda of unresolved problems in growth analysis and a description of the five major tasks statesmen will confront over the next several generations.

Lectures on Economic Growth

Robert E. Lucas
Lectures on Economic Growth Book PDF

Author : Robert E. Lucas
Publisher : Harvard University Press
Page : 220 pages
File Size : 45,8 Mb
Release : 2002
Category : Business & Economics
ISBN : 0674016017

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Lectures on Economic Growth by Robert E. Lucas Pdf

In this book, Robert Lucas brings together several of his seminal papers on the subject, together with the Kuznets Lectures that he gave at Yale University, to present a coherent view of economic growth."--BOOK JACKET.

Handbook of Economic Growth

Philippe Aghion,Steven N. Durlauf
Handbook of Economic Growth Book PDF

Author : Philippe Aghion,Steven N. Durlauf
Publisher : Elsevier
Page : 839 pages
File Size : 53,7 Mb
Release : 2005-12-21
Category : Business & Economics
ISBN : 9780444520432

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Handbook of Economic Growth by Philippe Aghion,Steven N. Durlauf Pdf

Featuring survey articles by leading economists working on growth theory, this two-volume set covers theories of economic growth, the empirics of economic growth, and growth policies and mechanisms. It also covers technology, trade and geography, and growth and socio-economic development.

Post-war Economic Growth Revisited

Gottfried Bombach
Post war Economic Growth Revisited Book PDF

Author : Gottfried Bombach
Publisher : North Holland
Page : 164 pages
File Size : 41,7 Mb
Release : 1985
Category : Business & Economics
ISBN : STANFORD:36105037946873

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Post-war Economic Growth Revisited by Gottfried Bombach Pdf

This book gives a retrospective look at growth during the post-war epoch and also dwells on the question of to what extent neo-classical growth theory helps one to understand and interpret what has occurred, and how future prospects appear. The decisive impact of the development of aggregate demand on growth is stressed, thereby touching on the crucial question of the neutrality of money in the long run. Nine alternative hypotheses are investigated in order to explain why capitalist countries had such success and why growth came to such a sudden end. In contrast to present day mainstream economics, attention is paid to the importance of demand, including the argument of export-led growth, failures of stabilization policy, and the slowdown of capital formation. A final chapter is devoted to the mystery' of the declining growth of labour productivity.

The Mystery of Capital

Hernando De Soto
The Mystery of Capital Book PDF

Author : Hernando De Soto
Publisher : Basic Books
Page : 290 pages
File Size : 52,8 Mb
Release : 2007-03-20
Category : Business & Economics
ISBN : 9780465004010

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The Mystery of Capital by Hernando De Soto Pdf

A renowned economist argues for the importance of property rights in "the most intelligent book yet written about the current challenge of establishing capitalism in the developing world" (Economist) "The hour of capitalism's greatest triumph," writes Hernando de Soto, "is, in the eyes of four-fifths of humanity, its hour of crisis." In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail? In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has everything to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy.

Understanding Economic Development

Colin White
Understanding Economic Development Book PDF

Author : Colin White
Publisher : Edward Elgar Publishing
Page : 413 pages
File Size : 50,8 Mb
Release : 2009
Category : Business & Economics
ISBN : 9781849802406

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Understanding Economic Development by Colin White Pdf

An invaluable survey of the literature on growth. Colin White argues persuasively and expertly that any attempt to solve the profound mystery of economic growth at the large scales of world history must move beyond the limited vision of neo-classical economic theory, and incorporate the narrative methods and perspectives of history as well. This is a superb overview and critique of contemporary attempts to explain economic growth, and a perceptive re-examination of the whole issue of growth in human history. David Christian, Macquarie University, Australia Colin White transcends a number of false dichotomies in this work. He shows that we need both theory and history in order to comprehend the transition to modern economic growth. He appreciates that this transition was neither inevitable as many theorists argue nor entirely contingent as historical treatments often suggest. He argues that advice to present-day less developed countries should combine a general understanding of the process of transition with detailed analysis of the history and conditions of the country in question. He appreciates that it makes sense to speak of an Industrial Revolution while also recognizing that this was a gradual process that in turn built upon even more gradual changes in earlier centuries in the British economy. Less obviously but importantly he realizes that we can best understand economic growth if we recognize the limitations of each scholarly approach in order to integrate the best of these. Rick Szostak, University of Alberta, Canada This fascinating book considers one of the most important problems in economics: the inception of modern economic development. There is at present no satisfactory explanation of the inception of modern economic development; an excessive focus on either pure theory or on unique histories limits the explanatory power. This book realises the need to integrate the two approaches, moving beyond the proximate causes of economic theory to review the role in an analytic narrative of significant ultimate causes geography, risk environments, human capital, and institutions. Colin White distils the conclusions of a vast literature, drawing from economics, economic history and business and management, exploring economic theory, demonstrating limitations and highlighting alternative approaches. Particular attention is paid to the appropriate role of innovative entrepreneurs and of government, and three case studies illustrate how to build an analytic narrative. Showing how far we can generalise about the determinants of economic development and in particular how to understand the specific determinants in individual countries, this book will prove a stimulating and thought provoking read to academics, students and researchers with an interest in economics and economic development.

The Role of Government in East Asian Economic Development

Masahiko Aoki,Hyung-Ki Kim,Masahiro Okuno-Fujiwara
The Role of Government in East Asian Economic Development Book PDF

Author : Masahiko Aoki,Hyung-Ki Kim,Masahiro Okuno-Fujiwara
Publisher : Clarendon Press
Page : 446 pages
File Size : 45,9 Mb
Release : 1997-03-13
Category : Political Science
ISBN : 9780191521881

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The Role of Government in East Asian Economic Development by Masahiko Aoki,Hyung-Ki Kim,Masahiro Okuno-Fujiwara Pdf

The role of government in East Asian economic development has been a continuous issue. Two competing views have shaped enquiries into the source of the rapid growth high-performing Asian economies and attempts to derive a general lesson for other developing economies: the market-friendly view, according to which government intervenes little in the market, and the developmental state view, in which it governs the market. What these views share in common is a conception of market and government as alternative mechanisms for resource allocation. They are distinct only in their judgement of the extent to which market failures have been, and ought to be, remedied by direct government intervention. This collection of essays suggests a breakthrough, third view: the market-enhancing view. Instead of viewing government and the market as mutually exclusive substitutes, it examines the capacity of government policy to facilitate or complement private sector co-ordination. The book starts from the premise that private sector institutions have important comparative advantages over government, in particular in their ability to process information available on site. At the same time, it recognizes that the capabilities of the private sector are more limited in developing economies. The market-enhancing view thus stresses the mechanisms whereby government policy is directed at improving the ability of the private sector to solve co-ordination problems and overcome other market imperfections. In presenting the market-enhancing view, the book recognizes the wide diversity of the roles of government across various East Asian economies-including Japan, Korea, Hong Kong, Malaysia, and China-and its path-dependant and developmental stage nature.

The Wealth of China

Gao Qiang,Yu Yi
The Wealth of China Book PDF

Author : Gao Qiang,Yu Yi
Publisher : CN Times Books
Page : 240 pages
File Size : 40,7 Mb
Release : 2015-04-03
Category : Electronic
ISBN : 1627741097

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The Wealth of China by Gao Qiang,Yu Yi Pdf

China's stunning economic growth over the past three decades is mysterious to many observers. China's rise poses numerous questions; Chinese economic experts Gao Qiang and Yu Yi provide answers to them in "Wealth of China."

Knowledge and the Wealth of Nations: A Story of Economic Discovery

David Warsh
Knowledge and the Wealth of Nations A Story of Economic Discovery Book PDF

Author : David Warsh
Publisher : W. W. Norton & Company
Page : 449 pages
File Size : 47,9 Mb
Release : 2007-05-17
Category : Biography & Autobiography
ISBN : 9780393329889

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Knowledge and the Wealth of Nations: A Story of Economic Discovery by David Warsh Pdf

Chronicling the story of what has come to be called the new growth theory, this text helps to explain dominant first-mover firms like IBM or Microsoft, underscores the value of intellectual property, and provides essential advice to those concerned with the expansion of the economy.

Prosperity without Growth

Tim Jackson
Prosperity without Growth Book PDF

Author : Tim Jackson
Publisher : Taylor & Francis
Page : 310 pages
File Size : 52,6 Mb
Release : 2016-12-08
Category : Business & Economics
ISBN : 9781317388227

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Prosperity without Growth by Tim Jackson Pdf

What can prosperity possibly mean in a world of environmental and social limits? The publication of Prosperity without Growth was a landmark in the sustainability debate. Tim Jackson’s piercing challenge to conventional economics openly questioned the most highly prized goal of politicians and economists alike: the continued pursuit of exponential economic growth. Its findings provoked controversy, inspired debate and led to a new wave of research building on its arguments and conclusions. This substantially revised and re-written edition updates those arguments and considerably expands upon them. Jackson demonstrates that building a ‘post-growth’ economy is a precise, definable and meaningful task. Starting from clear first principles, he sets out the dimensions of that task: the nature of enterprise; the quality of our working lives; the structure of investment; and the role of the money supply. He shows how the economy of tomorrow may be transformed in ways that protect employment, facilitate social investment, reduce inequality and deliver both ecological and financial stability. Seven years after it was first published, Prosperity without Growth is no longer a radical narrative whispered by a marginal fringe, but an essential vision of social progress in a post-crisis world. Fulfilling that vision is simply the most urgent task of our times.

Theories of Economic Growth

Berthold Frank Hoselitz,Dartmouth College
Theories of Economic Growth Book PDF

Author : Berthold Frank Hoselitz,Dartmouth College
Publisher : Glencoe, Ill : Free Press
Page : 368 pages
File Size : 48,8 Mb
Release : 1960
Category : Economic development
ISBN : UCAL:B3866434

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Theories of Economic Growth by Berthold Frank Hoselitz,Dartmouth College Pdf

Mercantilist and physiocratic growth theory; Adam Smith and David Ricardo on economic growth; The theory of economic growth in the english classical school; John Stuart Mill on economic development; Toward a theory of economic growth: the neoclassical contribution; Theories of stages of economic growth; Contemporary theorizing on economic growth.