In medieval times, most people identified with religious values and aggregate income and productivity grew at glacier … speed. In the 20th century, religion played a much lesser role in daily life and income and productivity grew at high and … worldly pleasures and aggregate productivity takes off. An extension of the basic model investigates the Protestant …

rates in Western Europe and Japan, and in recent times, China and India. This new book discusses these issues and tackles … performance? Will China and India continue to grow at the same rate over the next two decades? What are the prospects for Japan … questions. The chapters analyse the economic performance of selected countries including China, India, Japan, Indonesia and the …