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Innovation, Unemployment and Policy in the Theories of Growth and Distribution (Hardcover, illustrated edition)
Loot Price: R3,881
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Innovation, Unemployment and Policy in the Theories of Growth and Distribution (Hardcover, illustrated edition)
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Innovation, Unemployment and Policy in the Theories of Growth and
Distribution increases our understanding about the more relevant
economic determinants and policy aspects of the interdependence
between economic growth and income distribution.This book
integrates the analytical methods and the research themes of the
New Growth Theory into the cultural tradition of the Classical and
post-Keynesian economists. The contributors examine technological
innovations, the diffusion of knowledge, the imperfections and
institutional characteristics of the labour market, the evolution
of consumption patterns and of educational models and social
conflicts as they relate to public spending and taxation policies.
It provides a new insight into the processes of the growth of
modern economies which highlights the interdependence between
distribution and growth. The book shows that political and social
stability, security of property rights, efficiency of the capital
market, research, education, investment in physical and human
capital, public spending and taxation policies are all necessary
for the success and stability of a country's development process.
This book will appeal to upper level students, scholars and
researchers of economics and economic growth as well as those more
specifically involved in labour, microeconomics and the history of
economic thought.
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