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EbookNice Team
Status:
Available4.4
19 reviews
ISBN 10: 1137290307
ISBN 13: 9781137290304
Author: Matthew McCartney
Widening economic inequalities across the globe today can be understood as the historical consequences of different drivers of growth. This important new text examines the proximate factors of labour, capital and productivity across a range of countries, as well as deeper explanations, from geographical and cultural factors, to colonialism, institutions and the openness of markets and borders. It considers these variables, their effects on rates of growth, and how differing rates of growth will enhance or constrain a country's development. The author makes the case that long-standing inequalities between countries should be the primary focus for academic study, and that development plans should be produced on a case-by-case basis, reflecting the individual circumstances of countries and regions. Using a wide range of historical and contemporary examples, he highlights the blind spots and assumptions that are liable to compromise the priorities and actions of policy-makers, and provides a route towards effective economic reform and sustained development.
Part I The Proximate Sources of Growth in the Modern World Economy since 1950
1 Thinking about Growth
What is growth?
Ways of thinking about growth
Economic growth and human development
Key points
2 Growth in the Modern World Economy since 1950
Growth in the world economy since 1950
Introduction to the proximate causes of economic growth
Key points
3 Domestic and Foreign Direct Investment
Investment and economic growth
Investment: the basic concepts
Robust empirical results and an elusive quest
Policy and investment
Foreign direct investment
Key points
4 Population and Economic Growth/Development
Population and economic growth
Population: the basic concepts
The demographic transition
Demography and government policy
The phenomenon of missing women
Key points
5 Technology and Economic Growth
Technology and economic growth
Technology: the basic concepts
Technological change in economic theory
Case studies of technological change
A paradox of appropriate technological change: preventative interventions and a vaccine for malaria
MNCs and technology transfer
Key points
6 Education and Health
Education and health in developing countries
Education, health and economic growth
From growth to education and health
From education to economic growth
Education policy
Health and economic growth
Key points
Part II Patterns of Long-term Economic Growth and the Deeper Determinants of Economic Growth
7 The Great Divergence since 1750
Europe in 1750: stagnation or growth?
Comparative incomes in 1500
The origins of the Western lead
Key points
8 Economic Growth and Economic Structure since 1750
Conceptualizing structural change: the Lewis model and inequality
The role of agriculture in structural change
The role of industry in structural change
The role of services in structural change
A policy case study: structuralism
Key points
9 Colonialism
Colonialism and economic growth
The diversity of colonialism
From Marx to neo-colonialism: a changing debate
Colonialism and development: the debate
Key points
10 Institutions
Institutions and economic growth
What are institutions?
Democracy and dictatorship as institutions
Property rights as institutions
The WTO and the intellectual property rights debate
Policy towards institutions
Key points
11 Geography and Economic Resources
Geography and economic growth
Geography: definitions
The statistics of geography: income and growth
Geography and economic growth: investigating the link
Geography: impact and policy agenda
Key points
12 Culture
Culture and economic growth
What is culture?
Culture changes
Weber and the spirit of capitalism
Ethnicity
Networks
Key points
13 International Trade, Openness and Integration
Openness and economic growth
The basic trade model
Patterns of openness
Trade liberalization: the debate
Openness and the bigger picture: power, ideas and consumption
Key points
Conclusion : Eight Principles for Policy-Makers
Prioritize reform
Be careful with lessons and history
Distinguish policy goals and policy means
Reform must be compatible with Political Economy
Don’t forget government capacity
The deep determinants can be modified
Think about demand as well as supply
Don’t get too hung up on democracy
Bibliography
Index
economic growth textbook
developmental economics 2
economic growth and expansion
economic growth ex
economic growth review sheet
Tags: Matthew McCartney, Economic, Growth
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