Principles of economic growth / Thorvaldur Gylfason.

xii, 188 pages ; [28] cm

0198776144
0198776136
9780198776130
9780198776147 paperback
0585366063 electronic book
9780585366067 electronic book

B 75 GYL.P

This is a concise and reader-friendly introduction to the principles of economic growth for students of economics and business. The author examines theoretical and empirical models of economic growth through case studies drawn from around the world and a trenchant analysis of classic thought in this area. The influence of public policy on economic efficiency and growth is a key theme which underpins the textbook's engagement with issues such as liberalization, stabilization, privatization and unemployment, as well as technology, education, natural resources and geography.

Contents : Chapter 1 : Growing Apart : Burma and Thailand; Botswana, Nigeria, and Ghana; Uruguay, Argentina, and Spain; Madagascar and Mauritius; Roots and branches; Quantity and quality; The importance of being efficient; Reforms and growth; Chapter 2 : Roots and Branches : The first revolution : Adam Smith; Adam Smith's followers; Enter mathematics : Harrod and Domar; The second revolution: The neoclassical model; The third revolution: Endogenous growth; Summary; Chapter 3 : Quantity and Quality : Endogenous growth and technology; Endogenous growth accounting; The level of income per head with endogenous growth; The neoclassical model again; How strong? How long?; Exogenous growth illustrated; How much to save; Optimal growth in figures; Summary; Chapter 4 : The Importance of Being Efficient : Growing together? Or growing apart?; Absolute vs. conditional convergence; Poverty traps; Case 1: Liberalization; Case 2: Stabilization; Case 3: Privatization; Case 4: Education, health, and distribution; Case 5: Natural resources and geography; Summary; Chapter 5 : Reforms and Growth : Unemployment and growth; Some obstacles to reforms and growth; In conclusion; Appendices : 2.1 The Harrod-Domar Model; 2.2 The Solow Model: Exogenous Growth; 2.3 Endogenous Growth; 3.1 More on Endogerous Growth; 3.2 More on Exogenous Growth; 3.3 Optimal Saving and Growth; 4.1 Liberalization, Efficiency, and Growth; 4.2 Stabilization, Efficiency, and Growth; 4.3 Privatization, Efficiency, and Growth; 4.4 Education, Taxes, and Growth;.
This is a concise and reader-friendly introduction to the principles of economic growth for students of economics and business. The author examines theoretical and empirical models of economic growth through case studies drawn from around the world and a trenchant analysis of classic thought in this area. The influence of public policy on economic efficiency and growth is a key theme which underpins the textbook's engagement with issues such as liberalization, stabilization, privatization and unemployment, as well as technology, education, natural resources and geography.

Includes bibliographical references (pages 157-161) and indexes.

Oxford [England] : Oxdord University Press, 1999.

English