ISBN:
9781782542001
Language:
English
Pages:
1 Online-Ressource (xii, 300 pages)
Parallel Title:
Erscheint auch als
Parallel Title:
Elektronische Reproduktion von Human capital, trade, and public policy in rapidly growing economies
DDC:
330.95
Keywords:
Humankapital
;
Internationale Wirtschaft
;
Produktivität
;
Wirtschaftswachstum
;
Wirtschaftspolitik
;
Theorie
;
Ostasien
;
Human capital Congresses
;
East Asia Congresses Economic conditions
;
East Asia Congresses Commerce
;
East Asia Congresses Foreign economic relations
;
East Asia Congresses Economic policy
;
Konferenzschrift
;
Ostasien
;
Wirtschaftswachstum
Abstract:
Human Capital, Trade and Public Policy in Rapidly Growing Economies argues that only two centuries ago, no society had ever enjoyed sustained growth in living standards. The contributors to this book aim to discover why the world today exhibits a predilection for perpetual self-improvement. In particular, the book focuses on the forces underlying long-lasting growth in East Asia's Newly Industrialized Countries (NICs). Drawing from the experiences of Hong Kong, South Korea, Singapore and Taiwan, it questions whether public policy can contribute to removing barriers towards accumulation of wealth, and if so, what development policy should be put in place to remedy the existing distortions or market failure problems. Theoretical and empirical analyses are also used to broach other important issues, such as: * Why do some economies experience growth while others decline? * What are the major determinants of long-term growth and development? * Is human capital the main driving force? * Does international trade play a crucial role? This book will appeal to those with an interest in development and public policy
Description / Table of Contents:
Contents: Foreword -- 1. Introduction: A quick reference to growth theory -- Part I: Human capital -- 2. Market structure and innovation revisited: Endogenous productivity, training and market shares -- 3. Human capital formation and patterns of growth with multiple equilibria -- 4. On the relationship between fertility and public education in different stages of development -- 5. Productivity growth and catch-up in less-developed economies -- Part II: Trade -- 6. Total factor productivity and the catching-up process -- 7. Indeterminacy in a dynamic general equilibrium model of international trade -- 8. Evaluating the quantitative effects of import restrictions - an almost neoclassical benchmark -- 9. Innovation in a shrinking world -- Part III: Public policy -- 10. Long-run effects of financial policy in an endogenously growing economy -- 11. Credit rationing, public borrowing and endogenous growth -- 12. Government expenditure and social status in a two-sector model of endogenous growth -- 13. Economic growth and the environmental kuznets curve in Taiwan: A simultaneity model analysis -- Index.
Note:
A collection of original papers, the majority presented at the International Conference on Economic Growth held at the Institute of Economics, Academia Sinica, Taipei, in December 2000
,
Examines the forces underlying economic growth in the East Asian newly industrialized countries of Hong Kong, South Korea, Singapore, and Taiwan
,
Includes bibliographical references and index
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Inhaltsverzeichnis
(lizenzpflichtig)
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