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Books > Business & Economics > Economics > Development economics
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Growth and Development From an Evolutionary Perspective (Hardcover, New)
Loot Price: R3,717
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Growth and Development From an Evolutionary Perspective (Hardcover, New)
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Engendered by renewed interest in development, "Growth and
Development from an Evolutionary Perspective" is a result of recent
work in the 'new growth theory' arena. This authoritative survey
uses 'comparative analytical economic history' to trace the
evolution of development theory from the Physiocrats and the
classical School to Solow, Lewis, and Lucas and Roemer. Through
outlining historical time, typological differences across
developing societies, and the transition from agrarianism to modern
economic growth, the book arrives at contemporary analyses and
current policies. Theoretical sections develop a general system of
growth equations that focus on the central role of technology
change.Students can apply these equations to sub-phases of
transition as well as to the modern growth epoch. Policy-oriented
sections discuss contemporary concerns with distribution, poverty
alleviations, and human development as they relate to growth over
time. The book identifies the policy implications of the
development process, comparing East Asian with Latin American
cases. In considering future policy, the book demonstrates how
political economy factors suggest and enhanced endogenization of
policy choices.
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