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Endogenous growth theory is now fashionable. It seeks to explain why per capita income growth in capital abundant countries is often faster than in capital poor countries and defies the operation of diminishing returns. This theory, which took off with Romer and Lucas, often makes Allyn Young's...
Persistent link: https://www.econbiz.de/10005554591
This paper offers a new interpretation of Lauchlin Currie's (1974) leading-sector strategy. The idea of a leading sector normally conjures up notions of a favoured or privileged treatment. This paper argues that Currie's leading-sector strategy is a misnomer in the sense that it does not call...
Persistent link: https://www.econbiz.de/10005475890
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Purpose – The purpose of this paper is to test the export-led growth hypothesis for South Asia, a diverse region consisting of one large country, India, surrounded by a number of medium and small countries such as Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan and Maldives....
Persistent link: https://www.econbiz.de/10004965157
Allyn Young was, and continues to be, a much misunderstood economist. He was a profound thinker and so much ahead of his times that it is doubtful that even today we have grasped the full import of what he said. This paper examines Young's thinking from the perspective of five different schools...
Persistent link: https://www.econbiz.de/10014862998
Purpose – The purpose of this paper is to test the export‐led growth hypothesis for South Asia, a diverse region consisting of one large country, India, surrounded by a number of medium and small countries such as Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan and Maldives....
Persistent link: https://www.econbiz.de/10014863077
Purpose – The purpose of this study was to understand the knowledge sharing in projects based on knowledge flow patterns. The impact of attrition, thereby leading to a loss of tacit knowledge, inability to capture and reuse knowledge and inability to understand the knowledge flow patterns,...
Persistent link: https://www.econbiz.de/10014881155