This book analyzes the various problems of growth, trade and public policy from the perspective of applied economics, based on research in areas such as public policies, trade and regulation, and development economics. Part 1 investigates the broad problems of growth and regional economy,...

Today efficient states can be represented as sovereign authorities governing successful economies that provide high, stable and rising standards of welfare for their citizens. Such states emerged slowly and painfully over centuries of geopolitical rivalry and conflict among aristocracies for...

The interplay between supply and demand in the context of growth processes is examined. It is demonstrated that economic development is also significantly influenced by demand under classic, exchange-based hypotheses. Growth assumes that economic operators are willing to change the composition...