Understanding Economic Growth

Understanding Economic Growth Front Cover
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132 pages

Book Description

Understanding Growth: Modern Theory and Experience
Modern economies have undergone a dramatic change.  There has been a shift from large scale material manufacturing to the and application of new with R&D and human capital.  The new age has introduced significant productivity gains through increasing returns and learning by doing, which has challenged the traditional growth based on competitive market structures.  Institutions outside the traditional markets and the genetic principle of survival of the fittest have dominated the current theory of industry growth.   This book coordinates and integrates the two strands of economic growth and development: the endogenous theory of growth and the extra-market of evolutionary dominated by innovation efficiency.  It presents this new paradigm in terms of both theory and historical experiences.  The book addresses the role of innovations and human capital, the impact of information , the role of institutions as mechanisms of evolutionary economies and the experiences of Asian growth miracles, and will be of interest to readers in economics and political science concerned with economic growth and development.

Table of Contents

Chapter 1: Development
Chapter 2: The Market
Chapter 3: Investment
Chapter 4: Innovation
Chapter 5: Diffusion
Chapter 6: Asian Miracles
Chapter 7: Evolutionary Economics
Chapter 8: Growth
Chapter 9: Growth Policy

Book Details

  • Title: Understanding Economic Growth
  • Author:
  • Length: 132 pages
  • Edition: 2011
  • Language: English
  • Publisher:
  • Publication Date: 2011-01-25
  • ISBN-10: 1441980253
  • ISBN-13: 9781441980250
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