✦ LIBER ✦

Revisiting the essence of capitalism and its role on economic growth

✍ Scribed by Masaaki Kotabe

Publisher: John Wiley and Sons
Year: 1998
Tongue: English
Weight: 412 KB
Volume: 40
Category: Article
ISSN: 1096-4762
DOI: 10.1002/tie.4270400407

No coin nor oath required. For personal study only.

✦ Synopsis

The end of the 20th century and the dawn of the 21st century is but a few years away. Many years from now, the current century will probably be remembered as a century of great socioeconomic experiments on a global scale in which we learned that capitalism-an ideology founded on self interest and private ownership of economic means-is genuinely better for economic development than the command system that disavowed them. In 1997, two books were published and set out to explain-a bit nostalgically-the dynamics of capitalism that unleashed a neck-breaking pace of economic growth during the 20th century in contrast t o an anemic economic growth that had preceded it over many hundreds of years.

McCraw's edited book, Creating Modern CapitaZism, is an amal-Masaaki Kotabe is with The University of Texas at Austin.

📜 SIMILAR VOLUMES

Demographic influences on economic resil

Demographic influences on economic resiliency: Revisiting the developing country growth collapse of the 1970s and 1980s

✍ Brant Liddle 📂 Article 📅 2010 🏛 John Wiley and Sons 🌐 English ⚖ 173 KB 👁 1 views

Development of financial capital markets

Development of financial capital markets and the role of children as economic assets

✍ Anu Rammohan 📂 Article 📅 2001 🏛 John Wiley and Sons 🌐 English ⚖ 110 KB 👁 1 views

## Abstract This paper examines the link between development of financial capital markets, old‐security and fertility, when child labour is prevalent. The model demonstrates that when returns from financial capital markets increase, fertility levels and investment in children's schooling are reduce

Differential-difference equations in eco

Differential-difference equations in economics: On the numerical solution of vintage capital growth models

✍ Raouf Boucekkine; Omar Licandro; Christopher Paul 📂 Article 📅 1997 🏛 Elsevier Science 🌐 English ⚖ 984 KB

We examine techniques for the analytical and numerical solution of state-dependent differential-difference equations. Such equations occur in the continuous-time modelling of vintage capital growth models, which form an important class of models in modem economic growth theory. The theoretical treat

The economic footing of the global poor,

The economic footing of the global poor, 1980–2005: The roles of economic growth, openness and political institutions

✍ Udaya R. Wagle 📂 Article 📅 2010 🏛 John Wiley and Sons 🌐 English ⚖ 422 KB

## Abstract The period between 1980 and 2005 registered declining poverty, especially in its extreme form, and increasing economic inequality with implications for the economic footing of the global poor‐ and low‐income groups. Disentangling the roles of economic growth, openness and political inst

The effect of TLCK on transcription and

The effect of TLCK on transcription and its role in modifying cell growth

✍ Norine E. Noonan; Kenneth D. Noonan 📂 Article 📅 1977 🏛 John Wiley and Sons 🌐 English ⚖ 535 KB

## Abstract The synthetic protease inhibitor N‐tosyl‐L‐lysine‐chloromethyl ketone (TLCK) acts to inhibit transcription when added to cell lines growing in vitro. This inhibition of transcription is most pronounced in transformed cells where TLCK is very toxic at concentrations as low as 25 μg/ml of

The role of age-structured education dat

The role of age-structured education data for economic growth forecasts

✍ Jesús Crespo Cuaresma; Tapas Mishra 📂 Article 📅 2009 🏛 John Wiley and Sons 🌐 English ⚖ 647 KB

## Abstract This paper utilizes for the first time age‐structured human capital data for economic growth forecasting. We concentrate on pooled cross‐country data of 65 countries over six 5‐year periods (1970–2000) and consider specifications chosen by model selection criteria, Bayesian model averag