Theoretical Approaches to Economic Growth and Development PDF Download
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Author: Panagiotis E. Petrakis
Publisher: Palgrave Macmillan
ISBN: 9783030500672
Category : Business & Economics
Languages : en
Pages : 550
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Book Description
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.
Author: Panagiotis E. Petrakis
Publisher: Palgrave Macmillan
ISBN: 9783030500672
Category : Business & Economics
Languages : en
Pages : 550
Get Book Here
Book Description
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.
Author: Hasan Gürak
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
ISBN: 9783631660720
Category : Economic development
Languages : en
Pages : 0
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Book Description
Mainstream economic theories/models which are dominant today only are successful in explaining «a fictional world» and «fictional economic relationships» which are largely based upon unrealistic assumptions. It is high time to produce «new and alternative» theories and models to replace the «parables» of these mainstream ideologies.
Author: Mark Setterfield
Publisher: Edward Elgar Pub
ISBN: 9781847204028
Category : Business & Economics
Languages : en
Pages : 475
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Book Description
Included in the text are comprehensive interpretations of subjects such as: the relationship between aggregate supply and demand and long run growth, the interaction of growth and technical change, and international and regional a vibrant and ongoing research effort to understand the macrodynamics of capitalist economies. As such, this Handbook provides a valuable springboard for further research that will continue the development of these theories, inspiring both existing researchers and those new to the field to build upon the body of work the volume represents. --
Author: Panagiotis E. Petrakis
Publisher: Springer Nature
ISBN: 3030431819
Category : Business & Economics
Languages : en
Pages : 277
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Book Description
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.
Author: Sibabrata Das
Publisher: Springer
ISBN: 3319897551
Category : Business & Economics
Languages : en
Pages : 360
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Book Description
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.
Author: David de la Croix
Publisher: Cambridge University Press
ISBN: 9780521001151
Category : Business & Economics
Languages : en
Pages : 400
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Book Description
This book provides an in-depth treatment of the overlapping generations model in economics incorporating production.
Author: Richard L. Bertrand
Publisher:
ISBN: 9781612097954
Category : Economic development
Languages : en
Pages : 0
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Book Description
Positive economic growth is a major goal for all countries, promising a better standard of living and more opportunities, higher levels of employment, lower poverty rates, more productivity, efficiency and success. In this book, the authors present current research in the study of the theories and effects of global economic growth. Topics discussed in this compilation include cohesion, growth and development since the industrial revolution; worldwide rankings in economic growth; the relationship between economic growth and income inequality; economic growth and environment interactions; and, the optimal rate of inflation for long-run growth.
Author: Sung-Hee Jwa
Publisher: Edward Elgar Publishing
ISBN: 1785367994
Category : Capitalism
Languages : en
Pages : 317
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Book Description
This book makes the bold attempt at proposing a new general theory of economic development. The main premise is that economic institutions and policies must embody ‘economic discrimination’ if there is to be any chance of real economic development. By economic discrimination, the author means ‘treating differences differently’ by selecting and supporting economic entities and behaviour that contribute positively to the economy. The book identifies markets, government and corporations as the ‘holy trinity of economic development’, that is, the three most important institutions that must work together via economic discrimination to steer the economy towards real transformative progress. The book also warns against the current trend of economic egalitarianism or ‘not treating differences differently’ because it destroys economic incentives and results in an array of economic problems including growth stagnation.
Author: Wei-Bin Zhang
Publisher: Taylor & Francis
ISBN: 1351159437
Category : Business & Economics
Languages : en
Pages : 483
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Book Description
This book develops a new theoretical framework to examine the issues of economic growth and development. Providing analysis of economic dynamics in a competitive economy under government intervention in infrastructure and income distribution, the book develops a unique analytical framework under the influence of traditional neoclassical growth theory. However, in a departure from neoclassical growth theory it examines both the Solow-Swan and the Ramsey growth models, introducing a utility function which treats consumer choices in ways critically different to previous approaches. Using practical examples and models the book demonstrates how this new direction can effectively analyze the key issues of economic growth, in a compact and comprehensive manner.
Author: Wei-Bin Zhang
Publisher: Springer Nature
ISBN: 3030562042
Category : Business & Economics
Languages : en
Pages : 351
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Book Description
This book develops a general economic theory that integrates various economic theories and ideas and establishes important relationships between economic variables that are not formally recognized in the economic literature. The author demonstrates how the basic model is integrated with neoclassical growth theory, Walrasian general equilibrium theory, and Ricardian distribution theory, and how these theories can be incorporated through a single set of equations with a microeconomic basis. The book offers new insights into income and wealth distribution between heterogeneous households, racial and national differences in growth and development, interdependence between different stock variables with portfolio choices among different markets. It will appeal to scholars of economists interested in an integrative theoretical approach to this discipline.
