Economic Growth and Development Policy

Economic Growth and Development Policy
Author: Panagiotis E. Petrakis
Publisher: Springer Nature
Total Pages: 277
Release: 2020-07-23
Genre: Business & Economics
ISBN: 3030431819

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This book provides the theoretical and analytical background necessary to understanding the process of growth and the implementation of economic policies. First, it presents the growth theory landscape and the evolution of growth as well as modern growth theory arguments where the policy implications of the theoretical approaches are set. The book then covers the relationship between policy and growth, discussing not only the growth prototypes that prevail but also their relation to politics and economic policy formation and decision making. In this context, policy formation determinants, as well as the targets, instruments, and policy implementations, are crucial. The role of structural changes and structural reforms and their relationship with economic growth is also analyzed. The book ends with an interdisciplinary study of how institutions and cultural background, entrepreneurship and innovation affect policy formation.

Economic Growth and Development

Economic Growth and Development
Author: Sibabrata Das
Publisher: Springer
Total Pages: 356
Release: 2018-08-16
Genre: Business & Economics
ISBN: 3319897551

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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 Pole Strategy and Regional Development Policy

Growth Pole Strategy and Regional Development Policy
Author: Fu-Chen Lo
Publisher: Elsevier
Total Pages: 291
Release: 2013-10-22
Genre: Political Science
ISBN: 1483160475

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Growth Pole Strategy and Regional Development Policy: Asian Experience and Alternative Approaches focuses on theoretical and practical issues in regional policy, including analytical and strategic approaches to regional development and underdevelopment problems. The selection first offers information on Asian case studies in decentralization policy and the growth pole approach, including trends in development planning in Japan and the case study of the Mizushima industrial complex. Topics include the period of post-war reconstruction; plan formulation and implementation of Mizushima industrial complex development; and interregional dispersion of development of national economy. The text also examines the case study of the Ulsan industrial complex in Korea. The book looks at decentralization policy, growth pole approach, and resource frontier development, as well as regional structure and uneven economic development in Southeast Asia; policy responses toward regional development in Southeast Asia; and growth pole approach in Southeast Asia. The text also focuses on growth strategies and human settlement in developing countries and growth poles and regional policy in open dualistic economies. The selection is a vital reference for readers interested in the theoretical and practical approaches in regional development policy.

Economic Policy for Growth

Economic Policy for Growth
Author: Salim Rashid
Publisher: Springer Science & Business Media
Total Pages: 269
Release: 2012-12-06
Genre: Business & Economics
ISBN: 1461545374

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Economic Development is but one facet of Human Development. This forces us to ask - how do humans develop? Man is a social animal and the growth of our humanity requires various social institutions, such as bureaucracy. The paradox of capitalism is that it is a system ostensibly based on self-interest yet wholly dependent on non-market values for its success. These non-market values are shaped by two much-neglected factors, religion and ethnicity. Economic Development is an applied field; whatever it claims as a conclusion should be an applicable conclusion. This requires attention to all those non-economic factors which translate economic decisions into practice - such as the forces of nationalism versus the pressures of such global powers as US foreign policy and the advice of the IMF/IBRD. Since policy is our goal, theory whose intellectual basis is inaccessible to policy makers or which fails to have application should be minimized. Mathematical models are best avoided and, if they are to be used, the burden of proof must be placed upon their proponents. As insights about the market are limited neither by time nor space, poor countries can learn from rich ones, and vice versa. It is most fruitful to focus on examples of success, such as the East Asian economies. They are the clearest illustration of the fact that rapid economic development is possible even to those who have suffered through imperialism, and possess few natural resources, but have their work and their determination intact. `One good example is enough.'

Economic Growth And Development (Second Edition)

Economic Growth And Development (Second Edition)
Author: Hendrik Van Den Berg
Publisher: World Scientific Publishing Company
Total Pages: 890
Release: 2012-03-30
Genre: Business & Economics
ISBN: 9813100575

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This textbook covers the full range of topics and issues normally included in a course on economic growth and development. Both mainstream economic perspectives as well as the multi-paradigmatic, inter-disciplinary, and dynamic-evolutionary perspectives from heterodox economics are detailed. Economic development is viewed in terms of the long-run well-being of humanity, social stability, environmental sustainability, and just distribution of economic gains, not simply as the growth of GDP. Furthermore, this textbook explicitly recognizes the complexity of economic development by linking economic activity to our broader social and natural environments.The textbook's unique feature is its focus on the natural environment. Both the historical effects of economic development on the environment and the environmental constraints on future economic development are thoroughly discussed in two chapters on environmental issues and policies. In fact, because economic development is defined in terms of economic, social, and environmental sustainability, the natural environment is included in discussions throughout the book.The textbook is inter-disciplinary: knowledge from fields such as sociology, psychology, political science, economic history, and ecology is called on to enhance the economic analysis. A thorough historical account of the development of the principal paradigms of economic development is also included, and the important issues of institutional development and cultural change merit their own chapters. Two chapters on technological change holistically focus on production technologies as well as the dynamic performance of entire economic, social, and ecological systems. Also, the important relationship between economic development and globalization is presented in three chapters on international trade, international finance and investment, and immigration from both orthodox and heterodox perspectives.

The Growth Report

The Growth Report
Author: Commission on Growth and Development
Publisher: World Bank Publications
Total Pages: 198
Release: 2008-07-23
Genre: Business & Economics
ISBN: 0821374923

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The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.

Policies for Economic Growth

Policies for Economic Growth
Author: Organisation for Economic Co-operation and Development. Economic Policy Committee. orking Party No. 2 on Policies for the Promotion of Economic Growth
Publisher:
Total Pages: 47
Release: 1962
Genre:
ISBN:

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Deals and Development

Deals and Development
Author: Eric Werker
Publisher: Oxford University Press
Total Pages: 395
Release: 2018
Genre: Business & Economics
ISBN: 0198801645

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When are developing countries able to initiate periods of rapid growth and why have so few been able to sustain growth over decades? This book provides a novel conceptual framework built from a political economy of business-government relations and applies it to nine countries across Africa and Asia, drawing actionable policy recommendations.

Understanding Long-Run Economic Growth

Understanding Long-Run Economic Growth
Author: Dora L. Costa
Publisher: University of Chicago Press
Total Pages: 400
Release: 2011-10
Genre: Business & Economics
ISBN: 0226116344

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The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. This book explores the relationship between economic conditions, growth, and inequality.