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Author : Karl Whelan
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (848 download)
Download or read book Balanced Growth Revisited: a Two-sector Model of Economic Growth written by Karl Whelan and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Karl Whelan
Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.E/5 ( download)
Download or read book Balanced Growth Revisited written by Karl Whelan and published by . This book was released on 2001 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ugo Bardi
Publisher : Springer Science & Business Media
ISBN 13 : 1441994165
Total Pages : 128 pages
Book Rating : 4.4/5 (419 download)
Download or read book The Limits to Growth Revisited written by Ugo Bardi and published by Springer Science & Business Media. This book was released on 2011-05-27 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: “The Limits to Growth” (Meadows, 1972) generated unprecedented controversy with its predictions of the eventual collapse of the world's economies. First hailed as a great advance in science, “The Limits to Growth” was subsequently rejected and demonized. However, with many national economies now at risk and global peak oil apparently a reality, the methods, scenarios, and predictions of “The Limits to Growth” are in great need of reappraisal. In The Limits to Growth Revisited, Ugo Bardi examines both the science and the polemics surrounding this work, and in particular the reactions of economists that marginalized its methods and conclusions for more than 30 years. “The Limits to Growth” was a milestone in attempts to model the future of our society, and it is vital today for both scientists and policy makers to understand its scientific basis, current relevance, and the social and political mechanisms that led to its rejection. Bardi also addresses the all-important question of whether the methods and approaches of “The Limits to Growth” can contribute to an understanding of what happened to the global economy in the Great Recession and where we are headed from there.
Author : Mr.Jaromir Benes
Publisher : International Monetary Fund
ISBN 13 : 1475505523
Total Pages : 71 pages
Book Rating : 4.4/5 (755 download)
Download or read book The Chicago Plan Revisited written by Mr.Jaromir Benes and published by International Monetary Fund. This book was released on 2012-08-01 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving Fisher (1936) claimed the following advantages for this plan: (1) Much better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find support for all four of Fisher's claims. Furthermore, output gains approach 10 percent, and steady state inflation can drop to zero without posing problems for the conduct of monetary policy.
Author : Richard A. Easterlin
Publisher : University of Michigan Press
ISBN 13 : 0472023551
Total Pages : 217 pages
Book Rating : 4.4/5 (72 download)
Download or read book Growth Triumphant written by Richard A. Easterlin and published by University of Michigan Press. This book was released on 2009-11-10 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking a longer view than most literature on economic development, Richard A. Easterlin stresses the enormous contrast between the collective experience of the last half century in both developed and developing countries and what has gone before. An economic historian and demographer, the author writes in the tradition of the "new economic history," drawing on economic theory and quantitative evidence to interpret the historical experience of economic theory and population growth. He reaches beyond the usual disciplinary limits to draw, as appropriate, on sociology, political science, psychology, anthropology, and the history of science. The book will be of interest not only to social scientists but to all readers concerned with where we have been and where we are going. ". . . Easterlin is both an economic historian and a demographer, and it is the combination of these two disciplines and the fine balance between theory and experience that make this well-written, refreshingly optimistic book excellent reading." --Population and Development Review "In this masterful synthesis, Richard Easterlin draws on the disciplines of economic history, demography, sociology, political science, psychology, and the history of science to present an integrated explation of the origins of modern economic growth and of the mortality revolution. . . . His book should be easily accessible to non-specialists and will give them a sense of why economic history can inform our understanding of the future." --Dora L. Costa, Massachusetts Institute of Technology, EH.Net and H-Net "Growth Triumphant is, simply, a fascinating book. Easterlin has woven together a history of economic growth, economic development, human mortality and morbidity, the connections each has with the others, and the implications of this nexus of forces on the future. . . . This book deserves a wide audience." --Choice "In what must surely be the most fair-minded, well-balanced, and scrupulously reasoned and researched book on the sensational subjects implied in its title--the Industrial Revolution, the mortality and fertility revolutions, and the prospects for future happiness for the human race--Professor Easterlin has set in place the capstone of his research career." --Journal of Economic History Richard A. Easterlin is Professor of Economics, University of Southern California.
Author : Michele Alacevich
Publisher :
ISBN 13 :
Total Pages : 22 pages
Book Rating : 4.:/5 (129 download)
Download or read book Early Development Economics Debates Revisited written by Michele Alacevich and published by . This book was released on 2016 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development economics in its early years created the image of a fierce fight between advocates of contrasting theories or approaches - quot;balanced growthquot; vs. unbalanced growth or program loans vs. project loans. This view has the merit to highlight such conflicts in great detail; yet it fails to take into account the reality of development economics as it was practiced in the field. This paper reassesses these old conflicts by complementing the traditional focus on theoretical debates with an emphasis on the practice of development economics.A particularly interesting example is the debate between Albert Hirschman, one of the fathers of the unbalanced growth approach, and Lauchlin Currie, among the advocates of balanced growth on how to foster iron production in Colombia in the 1950s. An analysis of the positions held by these two economists shows that they were in fact much less antithetical than is usually held and, indeed, were in some fundamental aspects surprisingly similar. Debates among development economists during the 1950s thus must be explained - at least partially - as the natural dynamics of an emerging discipline that took shape when different groups tried to achieve supremacy - or at least legitimacy - through the creation of mutually delegitimizing systemic theories.
Author : George S. Alogoskoufis
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.X/5 (2 download)
Download or read book Money and Growth Revisited written by George S. Alogoskoufis and published by . This book was released on 1991 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Michele Alacevich
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 22 pages
Book Rating : 4./5 ( download)
Download or read book Early Development Economics Debates Revisited written by Michele Alacevich and published by World Bank Publications. This book was released on 2008 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Development economics in its early years created the image of a fierce fight between advocates of contrasting theories or approaches- "balanced growth" vs. "unbalanced growth" or "program loans" vs. "project loans." This view has the merit to highlight such conflicts in great detail; yet it fails to take into account the reality of development economics as it was practiced in the field. This paper reassesses these old conflicts by complementing the traditional focus on theoretical debates with an emphasis on the practice of development economics. A particularly interesting example is the debate between Albert Hirschman, one of the fathers of the "unbalanced growth" approach, and Lauchlin Currie, among the advocates of "balanced growth" on how to foster iron production in Colombia in the 1950s. An analysis of the positions held by these two economists shows that they were in fact much less antithetical than is usually held and, indeed, were in some fundamental aspects surprisingly similar. Debates among development economists during the 1950s thus must be explained-at least partially-as the natural dynamics of an emerging discipline that took shape when different groups tried to achieve supremacy-or at least legitimacy-through the creation of mutually delegitimizing systemic theories.
Author : José Antonio Ocampo
Publisher : Columbia University Press
ISBN 13 : 0231546165
Total Pages : 380 pages
Book Rating : 4.2/5 (315 download)
Download or read book The Welfare State Revisited written by José Antonio Ocampo and published by Columbia University Press. This book was released on 2018-03-27 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: The welfare state has been under attack for decades, but now more than ever there is a need for strong social protection systems—the best tools we have to combat inequality, support social justice, and even improve economic performance. In this book, José Antonio Ocampo and Joseph E. Stiglitz bring together distinguished contributors to examine the global variations of social programs and make the case for a redesigned twenty-first-century welfare state. The Welfare State Revisited takes on major debates about social well-being, considering the merits of universal versus targeted policies; responses to market failures; integrating welfare and economic development; and how welfare states around the world have changed since the neoliberal turn. Contributors offer prescriptions for how to respond to the demands generated by demographic changes, the changing role of the family, new features of labor markets, the challenges of aging societies, and technological change. They consider how strengthening or weakening social protection programs affects inequality, suggesting ways to facilitate the spread of effective welfare states throughout the world, especially in developing countries. Presenting new insights into the functions the welfare state can fulfill and how to design a more efficient and more equitable system, The Welfare State Revisited is essential reading on the most discussed issues in social welfare today.
Author : Ms. Valerie Cerra
Publisher : International Monetary Fund
ISBN 13 : 1513572660
Total Pages : 54 pages
Book Rating : 4.5/5 (135 download)
Download or read book Links Between Growth, Inequality, and Poverty: A Survey written by Ms. Valerie Cerra and published by International Monetary Fund. This book was released on 2021-03-12 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.
Author : Lan Xu
Publisher :
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.:/5 (319 download)
Download or read book Environmental Kuznet Curve Hypothesis Revisited written by Lan Xu and published by . This book was released on 2003 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jon R. Stoll
Publisher :
ISBN 13 :
Total Pages : 144 pages
Book Rating : 4.:/5 (268 download)
Download or read book Economic Development in Argentina, Brazil, and Mexico 1950-1973, Or, Balanced Growth Revisited written by Jon R. Stoll and published by . This book was released on 1979 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : R. David Professor Simpson
Publisher : Routledge
ISBN 13 : 113652472X
Total Pages : 306 pages
Book Rating : 4.1/5 (365 download)
Download or read book Scarcity and Growth Revisited written by R. David Professor Simpson and published by Routledge. This book was released on 2012-05-23 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, a group of distinguished international scholars provides a fresh investigation of the most fundamental issues involved in our dependence on natural resources. In Scarcity and Growth (RFF, 1963) and Scarcity and Growth Reconsidered (RFF, 1979), researchers considered the long-term implications of resource scarcity for economic growth and human well-being. Scarcity and Growth Revisited examines these implications with 25 years of new learning and experience. It finds that concerns about resource scarcity have changed in essential ways. In contrast with the earlier preoccupation with the adequacy of fuel, mineral, and agricultural resources and the efficiency by which they are allocated, the greatest concern today is about the Earth‘s limited capacity to handle the environmental consequences of resource extraction and use. Opinion among scholars is divided on the ability of technological innovation to ameliorate this 'new scarcity.' However, even the book‘s more optimistic authors agree that the problems will not be successfully overcome without significant advances in the legal, financial, and other social institutions that protect the environment and support technical innovation. Scarcity and Growth Revisited incorporates expert perspectives from the physical and life sciences, as well as economics. It includes issues confronting the developing world as well as industrialized societies. The book begins with a review of the debate about scarcity and economic growth and a review of current assessments of natural resource availability and consumption. The twelve chapters that follow provide an accessible, lively, and authoritative update to an enduring-but changing-debate.
Author : Gilberto Tadeu Lima
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (318 download)
Download or read book Accumulation and Growth in a Monetary Economy written by Gilberto Tadeu Lima and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Indermit Singh Gill
Publisher : World Bank Publications
ISBN 13 : 082136748X
Total Pages : 386 pages
Book Rating : 4.8/5 (213 download)
Download or read book An East Asian Renaissance written by Indermit Singh Gill and published by World Bank Publications. This book was released on 2007 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: An East Asian Renaissance, by a World Bank team led by Chief Economist for East Asia & Pacific, Dr Homi Kharas and Economic Adviser, Dr Indermit Gill is the first comprehensive analysis of the new forces and challenges at play in the region since the Bank's seminal report of 1993, The East Asian Miracle. The report argues that regional flows of goods, finance and technology are helping even smaller East Asian countries reap the benefits of economies of scale and that this regional integration must be encouraged. But it also points out that these measures have to be supported by actions at the domestic level to ease the stresses and strains that rapid economic growth leaves in its wake. East Asia must now turn to the urgent domestic challenges of inequality, social cohesion, corruption and environmental degradation arising from its economic success.
Author : Aniruddh Mohan
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (116 download)
Download or read book The Growth of Nations Revisited written by Aniruddh Mohan and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A persistent issue in environmental economics is whether growth is sustainable. Pollution is a key driver of sustainability, which we define as an economy exhibiting falling pollution damages at its balanced growth path. We deduct air pollution and carbon dioxide damages from the national accounts for 163 countries between 1998 and 2018. Global pollution intensity fell from 1998 to 2008, remaining flat thereafter. China highlights the importance of defining sustainability in terms of damages; between 2011 and 2018, physical measures of environmental quality improved, but monetary damage increased by 50 percent. Sustainability based on emissions ignores this rise in damage.
Author : Giulia Mennillo
Publisher : Springer Science & Business Media
ISBN 13 : 3642246532
Total Pages : 206 pages
Book Rating : 4.6/5 (422 download)
Download or read book Balanced Growth written by Giulia Mennillo and published by Springer Science & Business Media. This book was released on 2011-11-04 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
