The book constructs the Synergy Theory, a new theory of economic growth and calculation methodology. The book involves empirical comparative study on economic growth between China and the 14 developed countries, and on the basis of the synergy theory, divides GDP into labor compensation, capital...

1. The Methodological Puzzle -- 2. Introduction to General and Integrated Development and Growth -- 3. Economic Action, Cultural Background and Institutions -- 4. Complex Economic Systems, Information and Forms of Capitalism -- 5. Politics and Governance -- 6. Uncertainty -- 7. Expectations --...

This textbook 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....