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Amartya Sen looks at the Asian experience in a broad framework, dealing both with successes and failures. He sees development as a process of enhancement of human freedoms of various kinds, which are intrinsically important in themselves and which are mutually supportive of each other. They call...
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economic development -- 7. A general theory of economic development -- 8. A positive theory of political economy with …This book makes the bold attempt at proposing a new general theory of economic development founded on the fact … presenting a general theory that goes beyond mainstream and ad hoc economic theories, Sung-Hee Jwa provides a new way to look at …
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This study aims to assess to what extent the institutional environment is responsible for worldwide differences in economic development. To answer this question, a new concept of the institutions-augmented Solow model is constructed. The analysis covers 153 countries and the period 1994-2009....
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