The Economics Of Growth And Development

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The Economics of Growth

Author : Philippe Aghion
Publisher : MIT Press
ISBN 13 : 0262553104
Total Pages : 519 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Economics of Growth by : Philippe Aghion

Download or read book The Economics of Growth written by Philippe Aghion and published by MIT Press. This book was released on 2024-09-17 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, rigorous, and up-to-date introduction to growth economics that presents all the major growth paradigms and shows how they can be used to analyze the growth process and growth policy design. This comprehensive introduction to economic growth presents the main facts and puzzles about growth, proposes simple methods and models needed to explain these facts, acquaints the reader with the most recent theoretical and empirical developments, and provides tools with which to analyze policy design. The treatment of growth theory is fully accessible to students with a background no more advanced than elementary calculus and probability theory; the reader need not master all the subtleties of dynamic programming and stochastic processes to learn what is essential about such issues as cross-country convergence, the effects of financial development on growth, and the consequences of globalization. The book, which grew out of courses taught by the authors at Harvard and Brown universities, can be used both by advanced undergraduate and graduate students, and as a reference for professional economists in government or international financial organizations. The Economics of Growth first presents the main growth paradigms: the neoclassical model, the AK model, Romer's product variety model, and the Schumpeterian model. The text then builds on the main paradigms to shed light on the dynamic process of growth and development, discussing such topics as club convergence, directed technical change, the transition from Malthusian stagnation to sustained growth, general purpose technologies, and the recent debate over institutions versus human capital as the primary factor in cross-country income differences. Finally, the book focuses on growth policies—analyzing the effects of liberalizing market competition and entry, education policy, trade liberalization, environmental and resource constraints, and stabilization policy—and the methodology of growth policy design. All chapters include literature reviews and problem sets. An appendix covers basic concepts of econometrics.

The Knowledge Capital of Nations

Author : Eric A. Hanushek
Publisher : MIT Press
ISBN 13 : 026254895X
Total Pages : 275 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Knowledge Capital of Nations by : Eric A. Hanushek

Download or read book The Knowledge Capital of Nations written by Eric A. Hanushek and published by MIT Press. This book was released on 2023-08-15 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.

Economic Growth and Development

Author : Sibabrata Das
Publisher : Springer
ISBN 13 : 3319897551
Total Pages : 356 pages
Book Rating : 4.3/5 (198 download)

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Book Synopsis Economic Growth and Development by : Sibabrata Das

Download or read book Economic Growth and Development written by Sibabrata Das and published by Springer. This book was released on 2018-08-16 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined. Structural transformation, in which developing countries transition from traditional production in largely rural areas to modern production in largely urban areas, is an important causal force in creating early economic growth, and as such, is made central in this approach. Towards this end, the authors augment the Solow model to include endogenous theories of saving, fertility, human capital, institutional arrangements, and policy formation, creating a single two-sector model of structural transformation. Based on applied research and practical experiences in macroeconomic development, the model in this book presents a more rigorous, quantifiable, and explicitly dynamic dual economy approach to development. Common microeconomic foundations and notation are used throughout, with each chapter building on the previous material in a continuous flow. Revised and updated to include more exercises for guided self study, as well as a technical appendix covering required mathematical topics beyond calculus, the second edition is appropriate for both upper undergraduate and graduate students studying development economics and macroeconomics.

Growth and Empowerment

Author : Nicholas Stern
Publisher : MIT Press
ISBN 13 : 0262264749
Total Pages : 501 pages
Book Rating : 4.2/5 (622 download)

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Book Synopsis Growth and Empowerment by : Nicholas Stern

Download or read book Growth and Empowerment written by Nicholas Stern and published by MIT Press. This book was released on 2006-08-11 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite significant gains in promoting economic growth and living conditions (or "human progress") globally over the last twenty-five years, much of the developing world remains plagued by poverty and its attendant problems, including high rates of child mortality, illiteracy, environmental degradation, and war. In Growth and Empowerment, Nicholas Stern, Jean-Jacques Dethier, and F. Halsey Rogers propose a new strategy for development. Drawing on many years of work in development economics—in academia, in the field, and at international institutions such as the World Bank—the authors base their strategy on two interrelated approaches: building a climate that encourages investment and growth and at the same time empowering poor people to participate in that growth. This plan differs from other models for development, including the dogmatic approach of market fundamentalism popular in the 1980s and 1990s. Stern, Dethier, and Rogers see economic development as a dynamic process of continuous change in which entrepreneurship, innovation, flexibility, and mobility are crucial components and the idea of empowerment, as both a goal and a driver of development, is central. The book points to the unique opportunity today—after 50 years of successes and failures, and with a growing body of analytical work to draw on—to pursue new development strategies in both research and action.

The Pursuit of Development

Author : Ian Goldin
Publisher : Oxford University Press
ISBN 13 : 0198778031
Total Pages : 233 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis The Pursuit of Development by : Ian Goldin

Download or read book The Pursuit of Development written by Ian Goldin and published by Oxford University Press. This book was released on 2016 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book Ian Goldin shows how the understanding of how nations escape poverty and achieve economic and social progress has changed as the pendulum has swung from arguments for state-led development to a preoccupation with market forces.

Development Economics

Author : Debraj Ray
Publisher : Princeton University Press
ISBN 13 : 1400835895
Total Pages : 868 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Development Economics by : Debraj Ray

Download or read book Development Economics written by Debraj Ray and published by Princeton University Press. This book was released on 1998-01-12 with total page 868 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study of development in low-income countries is attracting more attention around the world than ever before. Yet until now there has been no comprehensive text that incorporates the huge strides made in the subject over the past decade. Development Economics does precisely that in a clear, rigorous, and elegant fashion. Debraj Ray, one of the most accomplished theorists in development economics today, presents in this book a synthesis of recent and older literature in the field and raises important questions that will help to set the agenda for future research. He covers such vital subjects as theories of economic growth, economic inequality, poverty and undernutrition, population growth, trade policy, and the markets for land, labor, and credit. A common point of view underlies the treatment of these subjects: that much of the development process can be understood by studying factors that impede the efficient and equitable functioning of markets. Diverse topics such as the new growth theory, moral hazard in land contracts, information-based theories of credit markets, and the macroeconomic implications of economic inequality come under this common methodological umbrella. The book takes the position that there is no single cause for economic progress, but that a combination of factors--among them the improvement of physical and human capital, the reduction of inequality, and institutions that enable the background flow of information essential to market performance--consistently favor development. Ray supports his arguments throughout with examples from around the world. The book assumes a knowledge of only introductory economics and explains sophisticated concepts in simple, direct language, keeping the use of mathematics to a minimum. Development Economics will be the definitive textbook in this subject for years to come. It will prove useful to researchers by showing intriguing connections among a wide variety of subjects that are rarely discussed together in the same book. And it will be an important resource for policy-makers, who increasingly find themselves dealing with complex issues of growth, inequality, poverty, and social welfare.

Theoretical Approaches to Economic Growth and Development

Author : Panagiotis E. Petrakis
Publisher : Springer Nature
ISBN 13 : 3030500683
Total Pages : 561 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Theoretical Approaches to Economic Growth and Development by : Panagiotis E. Petrakis

Download or read book Theoretical Approaches to Economic Growth and Development written by Panagiotis E. Petrakis and published by Springer Nature. This book was released on 2020-10-27 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economic Growth

Author : David N. Weil
Publisher : Prentice Hall
ISBN 13 : 9780321795731
Total Pages : 556 pages
Book Rating : 4.7/5 (957 download)

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Book Synopsis Economic Growth by : David N. Weil

Download or read book Economic Growth written by David N. Weil and published by Prentice Hall. This book was released on 2012-06-29 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are some countries rich and others poor? David N. Weil, one of the top researchers in economic growth, introduces students to the latest theoretical tools, data, and insights underlying this pivotal question. By showing how empirical data relate to new and old theoretical ideas, Economic Growth provides readers with a complete introduction to the discipline and the latest research.

Beyond Growth

Author : Herman E. Daly
Publisher : Beacon Press
ISBN 13 : 0807047066
Total Pages : 265 pages
Book Rating : 4.8/5 (7 download)

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Book Synopsis Beyond Growth by : Herman E. Daly

Download or read book Beyond Growth written by Herman E. Daly and published by Beacon Press. This book was released on 2014-09-30 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics." --Utne Reader "Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless." --Mother Jones "In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.'" --G. Pascal Zachary, The Wall Street Journal "A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality." --Donella H. Meadows, Los Angeles Times "For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading." --David W. Orr, Oberlin College "There is no more basic ethical question than the one Herman Daly is asking." --Hal Kahn, The San Jose Mercury News "Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking." --Karen Pennar, Business Week Named one of a hundred "visionaries who could change your life" by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the "Alternative Nobel Prize," the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good.

Economic Development

Author : H.W. Arndt
Publisher : University of Chicago Press
ISBN 13 : 022623214X
Total Pages : 226 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis Economic Development by : H.W. Arndt

Download or read book Economic Development written by H.W. Arndt and published by University of Chicago Press. This book was released on 2015-02-27 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Economic Development makes an important contribution of the literature on economic development, especially as it incorporates ideas on a theme that informs our concern for social justice, individual and social freedom, identify, and community."—Winston E. Langley, Annals of the American Academy of Political and Social Science

Macroeconomics and Development

Author : Mario Damill
Publisher : Columbia University Press
ISBN 13 : 023154121X
Total Pages : 405 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Macroeconomics and Development by : Mario Damill

Download or read book Macroeconomics and Development written by Mario Damill and published by Columbia University Press. This book was released on 2016-03-15 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin American neo-structuralism is a cutting-edge, regionally focused economic theory with broad implications for macroeconomics and development economics. Roberto Frenkel has spent five decades developing the theory's core arguments and expanding their application throughout the discipline, revolutionizing our understanding of high inflation and hyperinflation, disinflation programs, and the behavior of foreign exchange markets as well as financial and currency crises in emerging economies. The essays in this collection assess Latin American neo-structuralism's theoretical contributions and viability as the world's economies evolve. The authors discuss Frenkel's work in relation to pricing decisions, inflation and stabilization policy, development and income distribution in Latin America, and macroeconomic policy for economic growth. An entire section focuses on finance and crisis, and the volume concludes with a neo-structuralist analysis of general aspects of economic development. For those seeking a comprehensive introduction to contemporary Latin American economic thought, this collection not only explicates the intricate work of one of its greatest practitioners but also demonstrates its impact on the growth of economics.

Human Growth and Development

Author : Noel Cameron
Publisher : Academic Press
ISBN 13 : 0123838827
Total Pages : 625 pages
Book Rating : 4.1/5 (238 download)

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Book Synopsis Human Growth and Development by : Noel Cameron

Download or read book Human Growth and Development written by Noel Cameron and published by Academic Press. This book was released on 2012-06-08 with total page 625 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering a study of biological, biomedical and biocultural approaches, this book is suitable for researchers, professors and graduate students across the interdisciplinary area of human development. It is presented in the form of lectures to facilitate student programming.

Economic Growth and Development in Ethiopia

Author : Almas Heshmati
Publisher : Springer
ISBN 13 : 9811081263
Total Pages : 314 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Economic Growth and Development in Ethiopia by : Almas Heshmati

Download or read book Economic Growth and Development in Ethiopia written by Almas Heshmati and published by Springer. This book was released on 2018-04-27 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of selected empirical studies on determinants of economic growth and development in Ethiopia.The core argument for editing this book is to provide an up-to-date picture of the state and patterns of growth and development in Ethiopia. Ethiopia has been under focus in the past due to draughts, war, famine, development changes and the effects of global economic crisis in the country. A main contribution of this volume is that it helps identify selected important determinants of growth and development in Ethiopia and provides an estimation of their effects using up-to-date data, modelling and methods. Taken together the studies provide a comprehensive picture of the state of growth and development, their measurements, causal relationships and evaluation of efficient policies and practices in achieving progress in Ethiopia. The issues covered represent major challenges to the government and development organizations who are aiming at achieving higher growth and alleviating poverty in the country. The studies cover transition from rural agriculture to urban industry and the development of services.

Economic Growth and Sustainable Development

Author : Peter N. Hess
Publisher : Routledge
ISBN 13 : 1317525043
Total Pages : 754 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Economic Growth and Sustainable Development by : Peter N. Hess

Download or read book Economic Growth and Sustainable Development written by Peter N. Hess and published by Routledge. This book was released on 2016-05-26 with total page 754 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth, reflected in increases in national output per capita, makes possible an improved material standard of living and the alleviation of poverty. Sustainable development, popularly and concisely defined as ‘meeting the needs of the present generations without compromising the ability of future generations to meet their needs,' directly addresses the utilization of natural resources, the state of the environment, and intergenerational equity. Now in its second edition, Economic Growth and Sustainable Development features expanded discussion of income distribution, social capital and the insights of behavioural economics for climate change mitigation. Boxed case studies have been added which explore the impact of economic growth on people and countries in both the developed and developing world. This text addresses the following fundamental questions: What causes economic growth? Why do some countries grow faster than others? What accounts for the extraordinary growth in the world’s population over the past two centuries? What are the current trends in population and will these trends continue? How do we measure sustainable development and is sustainable development compatible with economic growth? Why is climate change the greatest market failure of all time? What can be done to mitigate climate change and global warming? With a blend of formal models, empirical evidence, history and policy, this text provides a coherent and comprehensive treatment of economic growth and sustainable development. It is suitable for those who study development economics, sustainable development and ecological economics.

The Economics of Development and Distribution

Author : William Loehr
Publisher : Houghton Mifflin Harcourt P
ISBN 13 :
Total Pages : 456 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Economics of Development and Distribution by : William Loehr

Download or read book The Economics of Development and Distribution written by William Loehr and published by Houghton Mifflin Harcourt P. This book was released on 1981 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics and Development Studies

Author : Michael Tribe
Publisher : Routledge
ISBN 13 : 1136938745
Total Pages : 311 pages
Book Rating : 4.1/5 (369 download)

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Book Synopsis Economics and Development Studies by : Michael Tribe

Download or read book Economics and Development Studies written by Michael Tribe and published by Routledge. This book was released on 2010-09-13 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics and Development Studies synthesises existing development economics literature, much of it very contemporary, in order to identify the salient issues and controversies and to make them accessible and understandable.

The Economics of Development

Author : Everett Einar Hagen
Publisher : McGraw-Hill/Irwin
ISBN 13 :
Total Pages : 592 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Economics of Development by : Everett Einar Hagen

Download or read book The Economics of Development written by Everett Einar Hagen and published by McGraw-Hill/Irwin. This book was released on 1975 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growth of world income; The positive economics of growth; The allocation of resources for optimum growth.