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Innovation, Resources and Economic Growth (Paperback, Softcover reprint of the original 1st ed. 1994)
Loot Price: R1,511
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Innovation, Resources and Economic Growth (Paperback, Softcover reprint of the original 1st ed. 1994)
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The analysis of the interactions between natural resource scarcity,
technological innovation and the dynamics of eco- nomic systems has
a long-standing tradition in economics. During the 1980s and the
early 1990s, a new phase of these interactions initiated under the
effects of technological revolution and the problem of the
environment. The general concept behind this book is that the issue
of natural resou- cesand the environment in relation to economic
growth can- not be addressed without due consideration for the
effects of technological innovation on thedynamics of economic sy-
stems. Technological innovation alone, however, is not a sufficient
condition for the sustainability of economic growth. Policies may
have a role in solving the internatio- nal distribution problems
generated by the non-converging development path of developed and
developing countries. In particular, the new international order
shaped by the events of the 1980s, made it possible for world
management to ad- dress the problems of poverty and the
environment.
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