This textbook is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined....

The determinants of economic growth and development are hotly debated among economists. Financial crises and failed transition experiments have highlighted the fact that functioning institutions are fundamental to the goal of achieving economic growth. The growth literature has seen an abundance...

Overview -- Part I. Introduction to Economic Growth -- Neoclassical Growth Theory -- Extensions to Neoclassical Growth Theory -- Two Sector -- Growth Models -- Part II. Dual Economies -- Wage and Fertility Gaps in Dual Economies -- Physical Capital in Dual Economies -- A Complete Dual -- Economy...

Warum sind in der jüngeren Vergangenheit keine Konvergenzprozesse der wirtschaftlichen Verhältnisse zwischen Regionen in Ländern wie Italien oder Deutschland mehr festzustellen? Seit Jahren kann zwischen Nord- und Süd-italien bzw. West- und Ostdeutschland keine signifikante Annäherung mehr...