International differences in growth rates : market globalization and economic areas

Bibliographic Information

International differences in growth rates : market globalization and economic areas

edited by Mario Baldassarri, Luigi Paganetto, and Edmund S. Phelps

(Central issues in contemporary economic theory and policy)

Macmillan , St. Martin's Press in association with Rivista di Politica, SIPI and CEIS, University "Tor Vergata", 1994

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  • : us

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Includes index

Description and Table of Contents

Description

Why have some countries grown much faster than others in the post-war period and over a longer timespan? And what can a country do to improve its growth and performance? The contributors to this volume provide answers to these questions, focussing in particular on two areas: the role that globalization of certain markets has played in the convergence of productivity levels over much of the world in recent decades and the effect on economic growth of a country's membership of a specific economic area.

Table of Contents

  • PART 1: HUMAN CAPITAL AND GROWTH - How Robust Is the Growth-Machinery Nexus?
  • J.B.De Long & L.H.Summers - The Role of Human Capital and Political Instability in Economic Development
  • J.Benhabib & M.M.Spiegel - Allocation of Time, Human Capital and Endogenous Growth
  • M.Baldassarri, P.De Santis & G.Moscarini - PART 2: EXPLAINING GROWTH - Infrastructure and Growth
  • D.Canning, M.Fay & R.Perotti - PART 3: THE IMPORTANCE OF ECONOMIC AREAS - On the Importance of Joining the EC's Single Market: the Perspective EFTA Members
  • R.E.Baldwin - Growth and Specialization in an Enlarged Europe: is a Virtuous Circle Possible?
  • C.A.Bollino & P.C.Padoan - PART 4: LESSONS FROM LATIN AMERICA - Latin America's Economic Growth
  • V.Corbo & P.Rojas - Inflation Fall, Financial Recovery and Endogenous Growth in Latin American Countries
  • M.Bagella & M.Lo Cascio

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