Economic Growth and Development

Economic Growth and Development

In fact, because economic development is defined in terms of economic, social, and environmental sustainability, the natural environment is included in discussions throughout the book.The textbook is inter-disciplinary: knowledge from ...

Author: Hendrik Van den Berg

Publisher: World Scientific Publishing Company

ISBN: 9789814733359

Category:

Page: 924

View: 930

This textbook covers the full range of topics and issues normally included in a course on economic growth and development. Both mainstream economic perspectives as well as the multi-paradigmatic, inter-disciplinary, and dynamic-evolutionary perspectives from heterodox economics are detailed. Economic development is viewed in terms of the long-run well-being of humanity, social stability, environmental sustainability, and just distribution of economic gains, not simply as the growth of GDP. Furthermore, this textbook explicitly recognizes the complexity of economic development by linking economic activity to our broader social and natural environments. The textbook's unique feature is its focus on the natural environment. Both the historical effects of economic development on the environment and the environmental constraints on future economic development are thoroughly discussed in two chapters on environmental issues and policies. In fact, because economic development is defined in terms of economic, social, and environmental sustainability, the natural environment is included in discussions throughout the book. The textbook is inter-disciplinary: knowledge from fields such as sociology, psychology, political science, economic history, and ecology is called on to enhance the economic analysis. A thorough historical account of the development of the principal paradigms of economic development is also included, and the important issues of institutional development and cultural change merit their own chapters. Two chapters on technological change holistically focus on production technologies as well as the dynamic performance of entire economic, social, and ecological systems. Also, the important relationship between economic development and globalization is presented in three chapters on international trade, international finance and investment, and immigration from both orthodox and heterodox perspectives. Request Inspection Copy
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Development Theory and the Economics of Growth

Development Theory and the Economics of Growth

This book endeavors to answer such questions by blending classical contributions to development theory with recent developments in the economics of growth.

Author: Jaime Ros

Publisher: University of Michigan Press

ISBN: 0472088475

Category: Business & Economics

Page: 452

View: 977

Why are some countries richer than others? Why do some economies grow so much faster than others do? Do economies tend to converge at similar levels of per capita income? Or is catching up simply impossible? These questions have vast implications for human welfare. After a period of lack of interest in growth theory, they are back on the research agenda of mainstream economics. They have also been at the heart of development economics since its inception some decades ago. This book endeavors to answer such questions by blending classical contributions to development theory with recent developments in the economics of growth. The unifying theme is that early theoretical insights and accumulated empirical knowledge of development economics have much to offer to research in the theory and empirics of economic growth. With the help of a number of recent contributions, the ideas and insights of the classical literature in development economics can be given simple and rigorous formulations. Together, they amount to an approach to growth theory that can overcome the long-recognized empirical shortcomings of neoclassical growth economics, while being free from the objections that can be raised against the new brand of endogenous growth theory. In addition to an original thesis on the contribution that early development theory can make to the research program of modern growth economics, the book provides professional and research economists and graduate students with an evaluation of the strengths and limitations of the different strands of inquiry in the modern economics of growth. In addition it presents findings on comparative growth performance across countries. Jaime Ros is Professor of Economics and Faculty Fellow of the Helen Kellogg Institute of International Studies, University of Notre Dame.
Categories: Business & Economics

Economic Growth and Development

Economic Growth and Development

This important new text examines the proximate factors of labour, capital and productivity across a range of countries, as well as deeper explanations, from geographical and cultural factors, to colonialism, institutions and the openness of ...

Author: Matthew McCartney

Publisher: Bloomsbury Publishing

ISBN: 9781137290311

Category: Social Science

Page: 352

View: 357

Widening economic inequalities across the globe today can be understood as the historical consequences of different drivers of growth. This important new text examines the proximate factors of labour, capital and productivity across a range of countries, as well as deeper explanations, from geographical and cultural factors, to colonialism, institutions and the openness of markets and borders. It considers these variables, their effects on rates of growth, and how differing rates of growth will enhance or constrain a country's development. The author makes the case that long-standing inequalities between countries should be the primary focus for academic study, and that development plans should be produced on a case-by-case basis, reflecting the individual circumstances of countries and regions. Using a wide range of historical and contemporary examples, he highlights the blind spots and assumptions that are liable to compromise the priorities and actions of policy-makers, and provides a route towards effective economic reform and sustained development.
Categories: Social Science

The Brazilian Economy

The Brazilian Economy

Bringing the analysis of Brazil's economic performance up to date, Baer's classic text remains the only book in English to provide a thorough historical, statistical, and institutional description of the Brazilian economy.

Author: Werner Baer

Publisher: Greenwood Publishing Group

ISBN: 027596678X

Category: Business & Economics

Page: 524

View: 993

Bringing the analysis of Brazil's economic performance up to date, Baer's classic text remains the only book in English to provide a thorough historical, statistical, and institutional description of the Brazilian economy. After touching on such issues as Brazil's early exporting economy, the impact of the industrialization process, and the historical struggle to bring inflation under control, the book turns to contemporary issues, the changing nature of Brazil's international trading and investment links, the process of privatization, environmental issues, and the economics of the health delivery system. Scholars, students, international institutions dealing with development, and corporate officers dealing with Latin America will welcome this up-to-date, definitive book on one of the world's largest economies.
Categories: Business & Economics

Managerialism for Economic Development

Managerialism for Economic Development

These essays are a timely analysis of this new-felt need, and a valuable source of new leads and hypotheses, for they examine the multi-facets of the problem of India's growth, but with keeping the professional manager squarely in the ...

Author: P. Prasad

Publisher: Springer

ISBN: 9401175012

Category: History

Page: 170

View: 643

That a developing economy needs management even more than resources is now becoming abundantly clear to all students of growth. There was perhaps a facile assumption in the earlier years that the rate of growth in a developing country depended in almost direct proportion to two factors: the resources available within the country, the land, water, minerals, savings and other relevant inputs; and the initial importation of aid from without, in terms of capital and skills not available within - but the factor of good management was somehow ignored, as also the attitudes of the people and their leadership to growth. These two factors are now coming into their own as being crucial to development and there is a new appreciation of the need for a good supply of well trained managers and providing them with an environment that is permissive and encouraging. These essays are a timely analysis of this new-felt need, and a valuable source of new leads and hypotheses, for they examine the multi-facets of the problem of India's growth, but with keeping the professional manager squarely in the middle of the study. And after all it is he upon whom the major responsibility for develop ment and growth will depend, given the chance. The contributors to this symposium are seven young Indians, all management educators of distinction at universities in the United States, and one hopes that they will themselves pick up some of the leads and pursue them. P. L.
Categories: History

Theoretical Approaches to Economic Growth and Development

Theoretical Approaches to Economic Growth and Development

This book provides the theoretical and analytical background critical to understand the process of economic development and growth at the beginning of the 21st century.

Author: Panagiotis E. Petrakis

Publisher: Palgrave Macmillan

ISBN: 3030500705

Category: Business & Economics

Page: 550

View: 267

This book provides the theoretical and analytical background critical to understand the process of economic development and growth at the beginning of the 21st century. This book adopts an interdisciplinary approach, using concepts borrowed from related disciplines such as politics, anthropology, psychology, business, and more. The core theme of this book is the argument that different theoretical approaches constitute excellent creative contributions, the study of which is necessary for a complete understanding of development and growth. Thus, this book stands out for its theoretical pluralistic character. The first part of the book provides an introduction to essential methodology terms for the theory of economic development and growth, while the second part outlines important concepts of economic behavior. Part three focuses on the sources of economic growth and their evolution throughout history, and pays special attention to the main theories related to economic growth as well as to the growth and development implications of Covid-19. The book ends with an analysis of international financial architecture and the consolidated financial transaction framework.
Categories: Business & Economics

The Pursuit of Development

The Pursuit of Development

In his new book, Ian Goldin considers the contributions that education, health, gender, equity and other dimensions of human well-being make to development, and discusses why it is also necessary to take into account the role of ...

Author: Ian Goldin

Publisher: Oxford University Press

ISBN: 9780191083860

Category: Business & Economics

Page: 144

View: 933

What do we mean by development? How can citizens, governments and the international community foster development? The process by which nations escape poverty and achieve economic and social progress has been the subject of extensive examination for hundreds of years. The notion of development itself has evolved from an original preoccupation with incomes and economic growth to a much broader understanding of development. In his new book, Ian Goldin considers the contributions that education, health, gender, equity and other dimensions of human well-being make to development, and discusses why it is also necessary to take into account the role of institutions and the rule of law as well as sustainability and environmental concerns.
Categories: Business & Economics

How Important are Education Human Capital and Knowledge for Economic Growth and Development

How Important are Education  Human Capital and Knowledge for Economic Growth and Development

Essay from the year 2009 in the subject Economics - Economic Cycle and Growth, grade: 31 von 31, Free University of Bozen-Bolzano (School of Economics and Management), language: English, abstract: In his speech at the Inaugural Convention ...

Author: Michael Frei

Publisher: GRIN Verlag

ISBN: 9783656472292

Category: Business & Economics

Page: 8

View: 283

Essay from the year 2009 in the subject Economics - Economic Cycle and Growth, grade: 31 von 31, Free University of Bozen-Bolzano (School of Economics and Management), language: English, abstract: In his speech at the Inaugural Convention of the African Federation of Human Resource Management Association in Botswana, Professor David Abulai (2008) stated that quality and quantity of human capital is becoming increasingly evident for the economic development of nations in today’s knowledge era. In fact the world of today is influenced by steady technological and scientific progress; by means of these new developments the socio-economic conditions in which people live are increasingly improving. Nevertheless a big part of the world is still lagging behind and social and economic distinctions still exist and developing countries are trying to catch up. Professor Abulai (2008) argued that the key to this catching up in development is the population itself, which has to be educated, healthy and qualified in order to deal with new scientific and technological inventions and to exploit this new opportunities in the best possible way. The aim of this paper will be in the first part to analyze the impact of education, human capital and knowledge for economic growth and development. In the second part of this paper the incorporation of human capital into endogenous growth models will be examined, focusing on the two main branches of growth analysis pioneered by Romer (1990) and Lucas (1988).
Categories: Business & Economics