New Theories in Growth and Development

✍ Scribed by Fabrizio Coricelli, Massimo di Matteo, Frank Hahn (eds.)

• Publisher: Palgrave Macmillan UK
• Year: 1998
• Tongue: English
• Leaves: 307
• Edition: 1
• Category: Library

✦ Synopsis

This collection offers a stimulating and insightful overview of the main issues affecting long-term economic growth. The novelty of this book is that it brings together two strands of economic literature, growth and development theories. The communication between different approaches is crucial as it is increasingly understood that growth hinges upon institutional and policy aspects that are generally neglected in the stylized models of growth but highly relevant for developing countries. Government policies and institution design become central to the explanation of divergent growth paths.

✦ Table of Contents

Front Matter....Pages i-vii
Introduction....Pages 1-6
Front Matter....Pages 7-7
A Schumpeterian Perspective on Growth and Competition....Pages 9-49
Innovation and Growth: The Relationship between Short- and Long-term Properties of Processes of Economic Change....Pages 50-62
The ‘New’ Growth Theory: Old Wine in New Goatskins....Pages 63-94
Front Matter....Pages 95-95
The Contributions of Endogenous Growth Theory to the Analysis of Development Problems: An Assessment....Pages 97-110
Development and Theories of Endogenous Growth....Pages 111-154
Modern Economic (Endogenous) Growth and Development....Pages 155-174
Growth and Development Theories....Pages 175-224
Front Matter....Pages 225-225
Economic Policies, Economic Shocks and Economic Growth....Pages 227-250
Growth, Debt and Economic Transformation: The Capital Flight Problem....Pages 251-269
Economic Growth under Alternative Development Strategies: Latin America from the 1940s to the 1990s....Pages 270-291
Back Matter....Pages 293-304

✦ Subjects

Development Economics; Political Economy