economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of …-unified growth models with the main characteristics of the process of development across most of human history induced growth … modern era of sustained economic growth, and the recent transition between these distinct regimes. Unified growth theory …

This paper develops a growth theory that accounts for the evolution of trade policy, underlying internal class …

growth and business cycles interdependent? Second, is money neutral even in the long run? Using data from the United States …-run money neutrality hypothesis. The results suggest that counter- cyclical growth models best capture the main channel of … influence between cycles and growth. A policy implication is that, if money affects the cycle, it is not neutral even in the …

-abundant East Asia traded more heavily with the U.S. and thus engineered faster growth than did land-abundant Latin America. Factor … the pre-WWII growth of Japan, Southeast Asia's growth in the 1970s and the 1980s, and its economic crisis in the mid-1990s. …

The paper uses the recently available data on growth rates, democracy, protectionism, and wars over the period 1820 to … 2000 to look at the determinants of economic growth over the long-term. It is motivated by the following questions: what is … the effect of democracy on growth, was colonialism economically bad for colonies, does protectionism affect growth …

perception of decline be reconciled with a reality of growth? The answer is that the "decline" which is perceived is a decline in … domestic output of goods by and large keeps pace with the growth of GDP. This note summarises the statistical evidence for the …