Industrial Growth and Stagnation

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Author :
Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 372 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Industrial Growth and Stagnation by : Deepak Nayyar

Download or read book Industrial Growth and Stagnation written by Deepak Nayyar and published by Oxford University Press, USA. This book was released on 1994 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The alternative hypotheses about the macroeconomic determinants of, and constraints on, industrial growth in India focus on the performance of the agricultural sector, intersectoral terms of trade between agriculture and industry, disproportionalities within and between sectors, the level of investment in the economy, the nexus between public and private investment and the relative significance of supply and demand constraints. While the issues raised in the debate continue to be important in India, they are of relevance also for studies of other late-industrialisers, particularly the larger countries of Asia and Latin America.

Industrial Growth in India

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Author :
Publisher : Delhi ; New York : Oxford University Press
ISBN 13 :
Total Pages : 270 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Industrial Growth in India by : Isher Judge Ahluwalia

Download or read book Industrial Growth in India written by Isher Judge Ahluwalia and published by Delhi ; New York : Oxford University Press. This book was released on 1985 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of industrialization as a means of achieving rapid growth and prosperity has long been recognized in the thinking on development strategy for India; but the country's industrial potential has been far from fully exploited.

The Great Stagnation

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Publisher : Penguin
ISBN 13 : 1101502258
Total Pages : 71 pages
Book Rating : 4.1/5 (15 download)

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Book Synopsis The Great Stagnation by : Tyler Cowen

Download or read book The Great Stagnation written by Tyler Cowen and published by Penguin. This book was released on 2011-01-25 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tyler Cowen’s controversial New York Times bestseller—the book heard round the world that ignited a firestorm of debate and redefined the nature of America’s economic malaise. America has been through the biggest financial crisis since the great Depression, unemployment numbers are frightening, media wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certainly, the multidecade stagnation is not yet over. How will we get out of this mess? One political party tries to increase government spending even when we have no good plan for paying for ballooning programs like Medicare and Social Security. The other party seems to think tax cuts will raise revenue and has a record of creating bigger fiscal disasters that the first. Where does this madness come from? As Cowen argues, our economy has enjoyed low-hanging fruit since the seventeenth century: free land, immigrant labor, and powerful new technologies. But during the last forty years, the low-hanging fruit started disappearing, and we started pretending it was still there. We have failed to recognize that we are at a technological plateau. The fruit trees are barer than we want to believe. That's it. That is what has gone wrong and that is why our politics is crazy. In The Great Stagnation, Cowen reveals the underlying causes of our past prosperity and how we will generate it again. This is a passionate call for a new respect of scientific innovations that benefit not only the powerful elites, but humanity as a whole.

The World Economy

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Publisher : Cambridge University Press
ISBN 13 : 1107143349
Total Pages : 597 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis The World Economy by : Dale W. Jorgenson

Download or read book The World Economy written by Dale W. Jorgenson and published by Cambridge University Press. This book was released on 2016-11-24 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first long-term analysis of the process of structural change and productivity growth in Asia, Europe, Latin America and the USA.

The Age of Stagnation

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Author :
Publisher : Prometheus Books
ISBN 13 : 163388158X
Total Pages : 350 pages
Book Rating : 4.6/5 (338 download)

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Book Synopsis The Age of Stagnation by : Satyajit Das

Download or read book The Age of Stagnation written by Satyajit Das and published by Prometheus Books. This book was released on 2016 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy is entering an era of protracted stagnation, similar to what Japan has experienced for over a decade. That is the message of this brilliant and controversial summary of our current economic predicament from an internationally respected consultant and commentator on financial markets, who predicted the Global Financial Crisis of 2008. The author challenges the assumption that growth can be perpetual and questions the ability of political leaders to enact the tough structural changes needed. He is particularly critical of the "easy money" approach to dealing with the great recession of 2008, citing the dangers of excessive debt and deep-seated fundamental imbalances. The fallout of these poor policies, he argues, will affect not only the business sector, but also the lifestyles and prosperity of average citizens and future generations. The author concludes with a thought experiment illustrating the large-scale changes that will be necessary to restore economic, financial, and social sustainability. This experiment has already been tried in Iceland, which went bankrupt in the wake of the 2008 crisis, and now, after a painful adjustment, is on the road to recovery. Written for the lay reader and peppered with witty anecdotes, this immensely readable book clearly explains the missteps that created the current dilemma, why a recovery has proved elusive, and the difficult remedies that must eventually be applied to ensure a stable future.

The Rise and Fall of American Growth

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Author :
Publisher : Princeton University Press
ISBN 13 : 1400888956
Total Pages : 785 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis The Rise and Fall of American Growth by : Robert J. Gordon

Download or read book The Rise and Fall of American Growth written by Robert J. Gordon and published by Princeton University Press. This book was released on 2017-08-29 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.

India - The Political Economy of Growth, Stagnation and the State, 1951-2007

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Author :
Publisher : Routledge
ISBN 13 : 1134023219
Total Pages : 305 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis India - The Political Economy of Growth, Stagnation and the State, 1951-2007 by : Matthew McCartney

Download or read book India - The Political Economy of Growth, Stagnation and the State, 1951-2007 written by Matthew McCartney and published by Routledge. This book was released on 2009-05-07 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the drivers and inhibitors of economic growth is critical for promoting development in less developed countries, including India. This book examines economic growth in India from 1951 to the present, challenging many accepted orthodox views. It argues that growth and stagnation should be considered over the medium term, and that the precise role of the state – in relation to particular historical and political-economic circumstances – is more important than the overall level of state involvement or disengagement. The book uses an empirical approach to contend that the state has an important role in several key areas including: mobilising a surplus; allocating the surplus in an efficient way to productive investment projects; and in building institutions (including political parties) through which conflict can managed between the different losers and rent-seekers affected by economic changes. It shows how, over time and in periods of growth and stagnation, the state in India has acted in key areas, and how the actions of the state has had a profound impact on economic outcomes. Overall, the book makes a major contribution to understanding the economic history of development in India and to understanding the role of the state in economic development more generally.

Global Economic History: A Very Short Introduction

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Publisher : Oxford University Press
ISBN 13 : 0199596654
Total Pages : 193 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis Global Economic History: A Very Short Introduction by : Robert C. Allen

Download or read book Global Economic History: A Very Short Introduction written by Robert C. Allen and published by Oxford University Press. This book was released on 2011-09-15 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Together these countries pioneered new technologies that have made them ever richer.

Developmentalism, Dependency, and the State: Industrial Development and Economic Change in Namibia since 1900

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Publisher : BASLER AFRIKA BIBLIOGRAPHIEN
ISBN 13 : 3906927210
Total Pages : 197 pages
Book Rating : 4.9/5 (69 download)

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Book Synopsis Developmentalism, Dependency, and the State: Industrial Development and Economic Change in Namibia since 1900 by : Christopher Hope

Download or read book Developmentalism, Dependency, and the State: Industrial Development and Economic Change in Namibia since 1900 written by Christopher Hope and published by BASLER AFRIKA BIBLIOGRAPHIEN. This book was released on 2020-09-23 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why does Namibia’s economy look the way it does today? Was the reliance on raw materials for exports and on the service sector for employment an inevitability? And for what reasons has the manufacturing sector – the vehicle for economic development for many now-high income countries throughout the 19th and 20th centuries – seen its growth held back? With these questions in mind, this book offers an extensive analysis of industrial development and economic change in Namibia since 1900, exploring their causes, trajectory, vicissitudes, context, and politics. Its focus is particularly on the motivations behind the economic decisions of the state, arguing that power relations – both internationally and domestically – have held firm a status quo that has resisted efforts towards profound economic change. This work is the first in-depth economic study covering both the colonial and independence eras of Namibia’s history and provides the first history of the country’s manufacturing sector.

Fully Grown

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Publisher : University of Chicago Press
ISBN 13 : 0226820041
Total Pages : 273 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Fully Grown by : Dietrich Vollrath

Download or read book Fully Grown written by Dietrich Vollrath and published by University of Chicago Press. This book was released on 2022-06-24 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vollrath challenges our long-held assumption that growth is the best indicator of an economy’s health. Most economists would agree that a thriving economy is synonymous with GDP growth. The more we produce and consume, the higher our living standard and the more resources available to the public. This means that our current era, in which growth has slowed substantially from its postwar highs, has raised alarm bells. But should it? Is growth actually the best way to measure economic success—and does our slowdown indicate economic problems? The counterintuitive answer Dietrich Vollrath offers is: No. Looking at the same facts as other economists, he offers a radically different interpretation. Rather than a sign of economic failure, he argues, our current slowdown is, in fact, a sign of our widespread economic success. Our powerful economy has already supplied so much of the necessary stuff of modern life, brought us so much comfort, security, and luxury, that we have turned to new forms of production and consumption that increase our well-being but do not contribute to growth in GDP. In Fully Grown, Vollrath offers a powerful case to support that argument. He explores a number of important trends in the US economy: including a decrease in the number of workers relative to the population, a shift from a goods-driven economy to a services-driven one, and a decline in geographic mobility. In each case, he shows how their economic effects could be read as a sign of success, even though they each act as a brake of GDP growth. He also reveals what growth measurement can and cannot tell us—which factors are rightly correlated with economic success, which tell us nothing about significant changes in the economy, and which fall into a conspicuously gray area. Sure to be controversial, Fully Grown will reset the terms of economic debate and help us think anew about what a successful economy looks like.

Handbook of Economic Stagnation

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Author :
Publisher : Elsevier
ISBN 13 : 0128158980
Total Pages : 430 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Handbook of Economic Stagnation by : Randall Wray

Download or read book Handbook of Economic Stagnation written by Randall Wray and published by Elsevier. This book was released on 2022-04-27 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Economic Stagnation takes a broad view, including contributions from orthodox and heterodox economists who examine situations in countries and worldwide regions, including Japan and the Euro area. To be sure, stagnation is periodically relieved by short economic bursts usually brought on by unsustainable asset price bubbles. Once the bubbles burst, stagnation returns. This book's fresh, comprehensive approach to the topic makes it the premier source for anyone affected by these cycles. Synthesizes and organizes diverse perspectives about crisis economics and future economic growth Emphasizes the relationships among stagnation, international economics, and the global distribution of labor Includes Japan and the Euro zone as well as other countries and regions worldwide

Unified Growth Theory

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Publisher : Princeton University Press
ISBN 13 : 140083886X
Total Pages : 344 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Unified Growth Theory by : Oded Galor

Download or read book Unified Growth Theory written by Oded Galor and published by Princeton University Press. This book was released on 2011-04-11 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: For most of the vast span of human history, economic growth was all but nonexistent. Then, about two centuries ago, some nations began to emerge from this epoch of economic stagnation, experiencing sustained economic growth that led to significant increases in standards of living and profoundly altered the level and distribution of wealth, population, education, and health across the globe. The question ever since has been--why? This is the first book to put forward a unified theory of economic growth that accounts for the entire growth process, from the dawn of civilization to today. Oded Galor, who founded the field of unified growth theory, identifies the historical and prehistorical forces behind the differential transition timing from stagnation to growth and the emergence of income disparity around the world. Galor shows how the interaction between technological progress and population ultimately raised the importance of education in coping with the rapidly changing technological environment, brought about significant reduction in fertility rates, and enabled some economies to devote greater resources toward a steady increase in per capita income, paving the way for sustained economic growth. Presents a unified theory of economic growth from the dawn of civilization to today Explains the worldwide disparities in living standards and population we see today Provides a comprehensive overview of the three phases of the development process Analyzes the Malthusian theory and its empirical support Examines theories of demographic transition and their empirical significance Explores the interaction between economic development and human evolution

Causes of Growth and Stagnation in the World Economy

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Author :
Publisher : Cambridge University Press
ISBN 13 : 9780521039857
Total Pages : 244 pages
Book Rating : 4.0/5 (398 download)

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Book Synopsis Causes of Growth and Stagnation in the World Economy by : Nicholas Kaldor

Download or read book Causes of Growth and Stagnation in the World Economy written by Nicholas Kaldor and published by Cambridge University Press. This book was released on 2007-07-30 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: These lectures contain a masterful summing up of Nicholas Kaldor's critique of the foundations of mainstream economic theory. They provide a very clear account of his theoretical structures on regional differences, primary producers and manufacturers, and on differing market structures and the likely course of prices and quantities in different markets over time. The first four lectures are concerned with theory, history and explanation; the fifth consists of a detailed set of integrated policy proposals.

Prosperity without Growth

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Publisher : Taylor & Francis
ISBN 13 : 1317388224
Total Pages : 310 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis Prosperity without Growth by : Tim Jackson

Download or read book Prosperity without Growth written by Tim Jackson and published by Taylor & Francis. This book was released on 2016-12-08 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

GROWTH AND STAGNATION IN THE EUROPEAN ECONOMY

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Author :
Publisher :
ISBN 13 :
Total Pages : 364 pages
Book Rating : 4./5 ( download)

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Book Synopsis GROWTH AND STAGNATION IN THE EUROPEAN ECONOMY by : INGVAR SVENNILSON

Download or read book GROWTH AND STAGNATION IN THE EUROPEAN ECONOMY written by INGVAR SVENNILSON and published by . This book was released on 1954 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Culture of Growth

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Author :
Publisher : Princeton University Press
ISBN 13 : 0691180962
Total Pages : 424 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis A Culture of Growth by : Joel Mokyr

Download or read book A Culture of Growth written by Joel Mokyr and published by Princeton University Press. This book was released on 2018 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why Enlightenment culture sparked the Industrial Revolution During the late eighteenth century, innovations in Europe triggered the Industrial Revolution and the sustained economic progress that spread across the globe. While much has been made of the details of the Industrial Revolution, what remains a mystery is why it took place at all. Why did this revolution begin in the West and not elsewhere, and why did it continue, leading to today's unprecedented prosperity? In this groundbreaking book, celebrated economic historian Joel Mokyr argues that a culture of growth specific to early modern Europe and the European Enlightenment laid the foundations for the scientific advances and pioneering inventions that would instigate explosive technological and economic development. Bringing together economics, the history of science and technology, and models of cultural evolution, Mokyr demonstrates that culture--the beliefs, values, and preferences in society that are capable of changing behavior--was a deciding factor in societal transformations. Mokyr looks at the period 1500-1700 to show that a politically fragmented Europe fostered a competitive "market for ideas" and a willingness to investigate the secrets of nature. At the same time, a transnational community of brilliant thinkers known as the "Republic of Letters" freely circulated and distributed ideas and writings. This political fragmentation and the supportive intellectual environment explain how the Industrial Revolution happened in Europe but not China, despite similar levels of technology and intellectual activity. In Europe, heterodox and creative thinkers could find sanctuary in other countries and spread their thinking across borders. In contrast, China's version of the Enlightenment remained controlled by the ruling elite. Combining ideas from economics and cultural evolution, A Culture of Growth provides startling reasons for why the foundations of our modern economy were laid in the mere two centuries between Columbus and Newton.

Causes of Growth and Stagnation in the World Economy

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Author :
Publisher : Cambridge University Press
ISBN 13 : 0521561604
Total Pages : 247 pages
Book Rating : 4.5/5 (215 download)

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Book Synopsis Causes of Growth and Stagnation in the World Economy by : Nicholas Kaldor

Download or read book Causes of Growth and Stagnation in the World Economy written by Nicholas Kaldor and published by Cambridge University Press. This book was released on 1996-04-26 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this series of five lectures, Professor Kaldor explores the dynamic forces that govern the growth rate of individual countries and also the growth of the world economy as a closed system. In the first lecture he highlights what he regards as the deficiencies of the Walrasian general equilibrium theory for understanding the process of change in dynamic capitalist economies. In the second lecture he proceeds to an analysis of alternative approaches to growth theory from the classics through Marx to Keynes. In the third lecture an innovative and elegant two-sector model is presented of the interaction between the primary producing sector and industrial sector of the world economy which highlights the importance of an equilibrium terms of trade for maximising the growth of output for the world economy as a whole. In the fourth lecture, the role of foreign trade and the balance of payments is used in the explanation of intercountry growth performance. Finally, in the fifth lecture, Professor Kaldor discusses contemporary economic problems in the world economy. The lectures are followed by an extensive discussion, with contributions from distinguished Italian economists.