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This is a review article by Andrew Sharpe from the Centre for the Study of Living Standards of Angus Maddison's path-breaking new book, The World Economy: A Millennial Perspective. The article summarizes Maddison's key findings in a number of areas, with particular emphasis on his estimates of...
Persistent link: https://www.econbiz.de/10005518964
This paper aims to show how the neo-classical current, which has yet absorbed development as one of its components, is …-liberalism on the policies of development. …
Persistent link: https://www.econbiz.de/10005797804
In this second contribution to the Symposium included in this volume on Future Productivity in Canada, Tiff Macklem of the Bank of Canada compares sources of recent productivity growth in Canada and the United States. Macklem sees aggregate labour productivity growth in Canada advancing at...
Persistent link: https://www.econbiz.de/10005650252
Starting from a definition of the concept of development centered on the satisfaction of the essential needs, health …, education, feeding, we show that the present pattern of development, while trying to impose Western values all over the world …, competition and technical progress must be questioned. The other development wants, starting from the current situation, to take …
Persistent link: https://www.econbiz.de/10005395067
Real gross domestic product (GDP) fails to account for the trading gains and losses that result from changes in the terms of trade and in the real exchange rate (the price of tradables relative to the price of nontradables). Canada has enjoyed vast improvements in its terms of trade over recent...
Persistent link: https://www.econbiz.de/10005481857
field associates population studies and economic growth and development theory. That thoeretical corpus has been built by …
Persistent link: https://www.econbiz.de/10005488100
Productivity growth is the main long-run determinant of living standards. However, there are some distinctions between productivity growth as conventionally measured and the potential of the economy to raise living standards. Specifically, insofar as the share of depreciation in output...
Persistent link: https://www.econbiz.de/10005481852
durable et profitable. This article explores the direction of the causality between economic development and humanity … development — human development accompanied by demographic transition — within the global process of development. At first, it … develops — through principal components analysis — a synthetic indicator of development including these three fundamental …
Persistent link: https://www.econbiz.de/10005702962
The foundation for real income growth is productivity growth. This basic principle of economics is well illustrated in this article by Andrew Sharpe of the Centre for the Study of Living Standards on the determinants of trends in living standards in Canada in the 1990s. He shows that over the...
Persistent link: https://www.econbiz.de/10005518960
In this article we investigate the effect of product market regulation on the international diffusion of productivity shocks. The results indicate that regulations that restrict competition slow the process of adjustment through which best practice production techniques diffuse across borders...
Persistent link: https://www.econbiz.de/10005518988