New Theories in Growth and Development,9780312176211

New Theories in Growth and Development

by ; ; ;
ISBN13: 9780312176211
ISBN10: 031217621X
Format: Hardcover
Pub. Date: 1998-03-15
Publisher(s): Palgrave Macmillan
List Price: $179.99

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Summary

This collection offers a stimulating and insightful overview of the main issues affecting long-term economic growth. The novelty of this book is that it brings together two strands of economic literature, growth and development theories. The communication between different approaches is crucial as it is increasingly understood that growth hinges upon institutional and policy aspects that are generally neglected in the stylized models of growth but highly relevant for developing countries. Government policies and institution design become central to the explanation of divergent growth paths.

Author Biography

Philippe Aghion: University College London and European Bank for Reconstruction and Development Mario Amendola: University of Rome 'La Sopienza' Pranab Bardhan: University of California, Berkeley Guillermo A. Calvo: University of Maryland, College Park Fabrizio Coricelli: University of Siena William Easterly: The World Bank, Washington, DC Jean Luc Gaffard: University of Nice Sophia-Antipolis Frank Hahn: University of Cambridge and University of Siena Peter Howitt: University of Western Ontario Heinz D. Kurz: University of Graz Massimo di Matteo: University of Siena Neri Salvadori: University of Pisa Andres Solimano: The World Bank, Washington, DC T. N. Srinivasan: Yale University Moshe Syrquin: The World Bank, Washington, DC Lance Taylor: New School for Social Research, New York

Table of Contents

List of Contributors vii
1 Introduction
1(8)
Fabrizio Coricelli
Massimo di Matteo
Frank Hahn
PART I THEORIES 9(88)
2 A Schumpeterian Perspective on Growth and Competition
9(41)
Philippe Aghion
Peter Howitt
3 Innovation and Growth: The Relationship between Short- and Long-term Properties of Processes of Economic Change
50(13)
Mario Amendola
Jean Luc Gaffard
4 The `New' Growth Theory: Old Wine in New Goatskins
63(34)
Heinz D. Kurz
Neri Salvadori
PART II GROWTH AND DEVELOPMENT 97(130)
5 The Contributions of Endogenous Growth Theory to the Analysis of Development Problems: An Assessment
97(14)
Pranab Bardhan
6 Development and Theories of Endogenous Growth
111(44)
T. N. Srinivasan
7 Modern Economic (Endogenous) Growth and Development
155(20)
Moshe Syrquin
8 Growth and Development Theories
175(52)
Lance Taylor
PART III ECONOMIC POLICIES, THE ROLE OF THE STATE, AND GROWTH 227(66)
9 Economic Policies, Economic Shocks and Economic Growth
227(24)
William Easterly
10 Growth, Debt and Economic Transformation: The Capital Flight Problem
251(19)
Guillermo A. Calvo
11 Economic Growth under Alternative Development Strategies: Latin America from the 1940s to the 1990s
270(23)
Andres Solimano
Index 293

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