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Technical Progress and Economic Growth - An Empirical Case Study of Malaysia (Hardcover)
Loot Price: R3,238
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Technical Progress and Economic Growth - An Empirical Case Study of Malaysia (Hardcover)
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Most of the studies conducted to examine the growth performance of
many developing economies are based on the traditional neoclassical
growth frameworks. This book takes an alternative path. It employs
a blend of historical, neoclassical, Kaldorian, and endogenous
growth frameworks to shed further light on the growth process.
Whereas most cross-sectional growth analyses tend to focus only on
the steady state, this volume is one of the relative few that
attempt to trace the whole growth path. In doing so, it addresses a
number of important factors and issues associated with economic
growth, and aims to answer to one of the hardest and most
fundamental questions - how do we get poor developing countries on
the path to sustained growth? This innovative book accumulates the
various, and often conflicting, growth theories, which enable a
greater understanding of the growth processes in the developing
world. It will be of interest to students of development studies,
Asia studies and public policy, as well as research scholars and
practitioners, including government officials and policymakers.
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