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Economic Growth and Development - A Comparative Introduction (Hardcover)
Loot Price: R5,034
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Economic Growth and Development - A Comparative Introduction (Hardcover)
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Widening economic inequalities across the globe today can be
understood as the historical consequences of different drivers of
growth. This important new text examines the proximate factors of
labour, capital and productivity across a range of countries, as
well as deeper explanations, from geographical and cultural
factors, to colonialism, institutions and the openness of markets
and borders. It considers these variables, their effects on rates
of growth, and how differing rates of growth will enhance or
constrain a country's development. The author makes the case that
long-standing inequalities between countries should be the primary
focus for academic study, and that development plans should be
produced on a case-by-case basis, reflecting the individual
circumstances of countries and regions. Using a wide range of
historical and contemporary examples, he highlights the blind spots
and assumptions that are liable to compromise the priorities and
actions of policy-makers, and provides a route towards effective
economic reform and sustained development.
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