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This book undertakes a theoretical and econometric analysis of
intense economic growth in selected European countries during the
end of the twentieth century and the beginning of the twenty first.
Focusing on the accelerated economic growth that occurred in
Ireland, the Netherlands, Spain, and Turkey, this book investigates
the determinants and consequences of this "miracle" growth and
discusses them in context of growth and development processes
observed in European market-type economies after the World War II.
Using imperfect knowledge economics (IKE) as a theoretical
framework to interpret the empirical results, this book provides a
fresh theoretical perspective in comparison with current
Neo-classical, Keynesian and institutional paradigms. With this
systematic approach, the authors seek to provide a unified
methodology for evaluating the phenomenon of intense economic
growth that has heretofore been missing from the discipline.
Combining diverse theoretical and methodological strategies to
provide a holistic understanding of the historical process of
economic change, this volume will be of interest to students and
scholars of economic growth, econometrics, political economy, and
the new institutional economics as well as policymakers.
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