Economic Growth in the West

Economic Growth in the West PDF Author: Angus Maddison
Publisher: Routledge
ISBN: 1136788484
Category : Business & Economics
Languages : en
Pages : 256

Get Book Here

Book Description
Hailed a "an outstanding contribution to our knowledge of the way in which western economies work" [Times Literary Supplement], this penetrating study of economic growth compares and analyzes tic rates of economic advance in the twelve leading countries that comprise the industrial West. Mr. Maddison examines why, after relative stagnation for several decades, the rate of economic development accelerated in continental Europe in the 1950’s, whether this represented a new economic pattern which could be maintained or was only a passing phase of recovery after World War II. He observes that the economies of North America and the United Kingdom seemed by comparison almost to stand still, and he explores the influence of economic policy on the differing growth rates, and the growth potentials and desirable lines of policy in the industrial West. He then discusses the major powers’ policy problems, whose outcome so closely affects the developing nations. Mr. Maddison presents basic statistical series, going back to 1870 in most cases, on gross national products, productivity, population, labor force, employment, working hours, investment and capital-output ratios. He draws upon this rich fund of comparative statistics with skill and insight, relating it throughout to the broad questions of economic policy which are at issue. This classic book was first published in 1964.

Economic Growth in the West

Economic Growth in the West PDF Author: Angus Maddison
Publisher: Routledge
ISBN: 1136788484
Category : Business & Economics
Languages : en
Pages : 256

Get Book Here

Book Description
Hailed a "an outstanding contribution to our knowledge of the way in which western economies work" [Times Literary Supplement], this penetrating study of economic growth compares and analyzes tic rates of economic advance in the twelve leading countries that comprise the industrial West. Mr. Maddison examines why, after relative stagnation for several decades, the rate of economic development accelerated in continental Europe in the 1950’s, whether this represented a new economic pattern which could be maintained or was only a passing phase of recovery after World War II. He observes that the economies of North America and the United Kingdom seemed by comparison almost to stand still, and he explores the influence of economic policy on the differing growth rates, and the growth potentials and desirable lines of policy in the industrial West. He then discusses the major powers’ policy problems, whose outcome so closely affects the developing nations. Mr. Maddison presents basic statistical series, going back to 1870 in most cases, on gross national products, productivity, population, labor force, employment, working hours, investment and capital-output ratios. He draws upon this rich fund of comparative statistics with skill and insight, relating it throughout to the broad questions of economic policy which are at issue. This classic book was first published in 1964.

Economic Growth in the West

Economic Growth in the West PDF Author: Angus Maddison
Publisher: Routledge
ISBN: 1136788492
Category : Business & Economics
Languages : en
Pages : 245

Get Book Here

Book Description
Hailed a "an outstanding contribution to our knowledge of the way in which western economies work" [Times Literary Supplement], this penetrating study of economic growth compares and analyzes tic rates of economic advance in the twelve leading countries that comprise the industrial West. Mr. Maddison examines why, after relative stagnation for several decades, the rate of economic development accelerated in continental Europe in the 1950’s, whether this represented a new economic pattern which could be maintained or was only a passing phase of recovery after World War II. He observes that the economies of North America and the United Kingdom seemed by comparison almost to stand still, and he explores the influence of economic policy on the differing growth rates, and the growth potentials and desirable lines of policy in the industrial West. He then discusses the major powers’ policy problems, whose outcome so closely affects the developing nations. Mr. Maddison presents basic statistical series, going back to 1870 in most cases, on gross national products, productivity, population, labor force, employment, working hours, investment and capital-output ratios. He draws upon this rich fund of comparative statistics with skill and insight, relating it throughout to the broad questions of economic policy which are at issue. This classic book was first published in 1964.

How The West Grew Rich

How The West Grew Rich PDF Author: Nathan Rosenberg
Publisher:
ISBN: 0786723483
Category : Business & Economics
Languages : en
Pages : 370

Get Book Here

Book Description
How did the West--Europe, Canada, and the United States--escape from immemorial poverty into sustained economic growth and material well-being when other societies remained trapped in an endless cycle of birth, hunger, hardship, and death? In this elegant synthesis of economic history, two scholars argue that it is the political pluralism and the flexibility of the West's institutions--not corporate organization and mass production technology--that explain its unparalleled wealth.

The Rise and Fall of American Growth

The Rise and Fall of American Growth PDF Author: Robert J. Gordon
Publisher: Princeton University Press
ISBN: 1400888956
Category : Business & Economics
Languages : en
Pages : 785

Get Book Here

Book Description
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.

Global Economic History: A Very Short Introduction

Global Economic History: A Very Short Introduction PDF Author: Robert C. Allen
Publisher: OUP Oxford
ISBN: 019162053X
Category : Business & Economics
Languages : en
Pages : 192

Get Book Here

Book Description
Why are some countries rich and others poor? In 1500, the income differences were small, but they have grown dramatically since Columbus reached America. Since then, the interplay between geography, globalization, technological change, and economic policy has determined the wealth and poverty of nations. The industrial revolution was Britain's path breaking response to the challenge of globalization. Western Europe and North America joined Britain to form a club of rich nations by pursuing four polices-creating a national market by abolishing internal tariffs and investing in transportation, erecting an external tariff to protect their fledgling industries from British competition, banks to stabilize the currency and mobilize domestic savings for investment, and mass education to prepare people for industrial work. Together these countries pioneered new technologies that have made them ever richer. Before the Industrial Revolution, most of the world's manufacturing was done in Asia, but industries from Casablanca to Canton were destroyed by western competition in the nineteenth century, and Asia was transformed into 'underdeveloped countries' specializing in agriculture. The spread of economic development has been slow since modern technology was invented to fit the needs of rich countries and is ill adapted to the economic and geographical conditions of poor countries. A few countries - Japan, Soviet Russia, South Korea, Taiwan, and perhaps China - have, nonetheless, caught up with the West through creative responses to the technological challenge and with Big Push industrialization that has achieved rapid growth through investment coordination. Whether other countries can emulate the success of East Asia is a challenge for the future. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

The Economic Consequences of the War

The Economic Consequences of the War PDF Author: Tamás Vonyó
Publisher: Cambridge Studies in Economic History: Second Series
ISBN: 1107128439
Category : Business & Economics
Languages : en
Pages : 295

Get Book Here

Book Description
This exploration of the statistical evidence on Germany's post-war reconstruction sheds new light on the foundations of German economic power.

How The West Was Lost

How The West Was Lost PDF Author: Dambisa Moyo
Publisher: Penguin UK
ISBN: 0141924330
Category : Business & Economics
Languages : en
Pages : 240

Get Book Here

Book Description
How the West was Lost charts how over the last 50 years the most advanced and advantaged countries of the world have squandered their dominant position through a sustained catalogue of fundamentally flawed economic policies. It is these decisions that, along the way, have resulted in an economic and geo-political see-saw, which is now poised to tip in favour of the emerging world. By forging closer ties with the emerging economies, rethinking trade barriers, overhauling their tax systems to encourage savings rather than ravenous consumption, and specifically addressing the three essential ingredients for growth (capital, labour and technology) it might yet still be possible for the West to firmly get back in the race.

The Economics of Growth

The Economics of Growth PDF Author: Philippe Aghion
Publisher: MIT Press
ISBN: 0262553104
Category : Business & Economics
Languages : en
Pages : 519

Get Book Here

Book Description
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.

Economic growth in the West

Economic growth in the West PDF Author: Angus Maddison
Publisher:
ISBN:
Category :
Languages : es
Pages : 246

Get Book Here

Book Description


The Federal Landscape

The Federal Landscape PDF Author: Gerald D. Nash
Publisher: University of Arizona Press
ISBN: 0816519889
Category : Political Science
Languages : en
Pages : 232

Get Book Here

Book Description
The vastness of the American West is apparent to anyone who travels through it, but what may not be immediately obvious is the extent to which the landscape has been shaped by the U.S. government. Water development projects, military bases, and Indian reservations may interrupt the wilderness vistas, but these are only an indication of the extent to which the West has become a federal landscape. Historian Gerald Nash has written the first account of the epic growth of the economy of the American West during the twentieth century, showing how national interests shaped the West over the course of the past hundred years. In a book written for a broad readership, he tells the story of how America's hinterland became the most dynamic and rapidly growing part of the country. The Federal Landscape relates how in the nineteenth century the West was largely developed by individual enterprise but how in the twentieth Washington, D.C., became the central player in shaping the region. Nash traces the development of this process during the Progressive Era, World War I, the New Deal, World War II, the affluent postwar years, and the cold-war economy of the 1950s. He analyzes the growth of western cities and the emergence of environmental issues in the 1960s, the growth of a vibrant Mexican-U.S. border economy, and the impact of large-scale immigration from Latin America and Asia at century's end. Although specialists have studied many particular facets of western growth, Nash has written the only book to provide a much-needed overview of the subject. By addressing subjects as diverse as public policy, economic development, environmental and urban issues, and questions of race, class, and gender, he puts the entire federal landscape in perspective and shows how the West was really won. "It was the federal government that determined the pattern of farms in the humid regions, built the major roads and highways, and fostered the growth of the principle cities in the West. The federal government built the large dams and diverted important river systems throughtout the West, determined the shape of the large military reservations and their environs, and forced Native Americans to occupy the reservations on which they can be found today. The government is largely responsible for the aerospace complexes and scientific research centers that became so important in the West during the second half of the twentieth century. In short, the federal government created a federal landscape in the West." --Gerald D. Nash