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’s goals, and on the underlying theory. Using simple examples, this article shows how the aggregation problem complicates tasks …
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natural-resource base. The fourth type of externality is used to develop a theory of fertility transitions in the contemporary … world. The theory views such transitions as disequilibrium phenomena. …
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macroeconomics examines biophysical constraints to the economy using heterodox economic theory and models. My review of this …
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This paper reviews economic growth theory in the framework of economic development and explores the possibility of …
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The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and substantial poverty reduction by the end of the decade-the ambition of most...
Persistent link: https://www.econbiz.de/10013096275
As its workforce ages and major economies shift towards producing higher value-added goods and services, New Zealand will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need to come increasingly from productivity gains, and...
Persistent link: https://www.econbiz.de/10009769652
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Chapter 1. Introduction -- Chapter 2. Income and Growth in the Ancient and Early Medieval World -- Chapter 3. Further Medieval Economic Divergence: Technology Adoption in a Predominantly Agricultural World -- Chapter 4. The Change towards Modern Growth: Proximate Causes -- Chapter 5. The Change...
Persistent link: https://www.econbiz.de/10015463903
Proposed alternatives to GDP as a measure of social welfare or human progress are briefly evaluated. Four main categories are considered, namely ISEW and GPI based on corrections of GDP, sustainable or green(ed) GDP, genuine savings/investments and composite indexes. All these alternatives turn...
Persistent link: https://www.econbiz.de/10010430649