Author: Simon Kuznets
Publisher:
ISBN:
Category :
Languages : en
Pages : 363
Book Description
Economic Growth of Nations
The Knowledge Capital of Nations
Author: Eric A. Hanushek
Publisher: MIT Press
ISBN: 026254895X
Category : Business & Economics
Languages : en
Pages : 275
Book Description
A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.
Publisher: MIT Press
ISBN: 026254895X
Category : Business & Economics
Languages : en
Pages : 275
Book Description
A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.
Nations and Households in Economic Growth
Author: Paul A. David
Publisher: Academic Press
ISBN: 1483261204
Category : Business & Economics
Languages : en
Pages : 428
Book Description
Nations and Households in Economic Growth: Essays in Honor of Moses Abramovitz is a collection of papers that reflect the broad sweep of Moses Abramovitz’s interests within the disciplines of economics and economic history. This work is organized into two parts encompassing 14 chapters. The first part discusses the individual and social welfare significance of quantitative indices of economic growth. This part also deals with the mechanisms of economic-demographic interdependence and their bearing particularly upon “long swings in the rate of growth. The second part highlights the changing role of international relations in processes generating national economic development and domestic economic instability. This book will be of value to economists, historians, and researchers.
Publisher: Academic Press
ISBN: 1483261204
Category : Business & Economics
Languages : en
Pages : 428
Book Description
Nations and Households in Economic Growth: Essays in Honor of Moses Abramovitz is a collection of papers that reflect the broad sweep of Moses Abramovitz’s interests within the disciplines of economics and economic history. This work is organized into two parts encompassing 14 chapters. The first part discusses the individual and social welfare significance of quantitative indices of economic growth. This part also deals with the mechanisms of economic-demographic interdependence and their bearing particularly upon “long swings in the rate of growth. The second part highlights the changing role of international relations in processes generating national economic development and domestic economic instability. This book will be of value to economists, historians, and researchers.
Making Poor Nations Rich
Author: Benjamin Powell
Publisher: Stanford Economics & Finance
ISBN:
Category : Business & Economics
Languages : en
Pages : 488
Book Description
Making Poor Nations Rich illustrates the importance of institutions that support economic freedom and private property rights for promoting the form of productive entrepreneurship that leads to sustained increases in countries' standard of living.
Publisher: Stanford Economics & Finance
ISBN:
Category : Business & Economics
Languages : en
Pages : 488
Book Description
Making Poor Nations Rich illustrates the importance of institutions that support economic freedom and private property rights for promoting the form of productive entrepreneurship that leads to sustained increases in countries' standard of living.
The Rise and Decline of Nations
Author: Mancur Olson
Publisher: Yale University Press
ISBN: 0300254067
Category : Business & Economics
Languages : en
Pages : 296
Book Description
"A compelling theory on the rationale for the changing fortunes of nations"--Publisher's website.
Publisher: Yale University Press
ISBN: 0300254067
Category : Business & Economics
Languages : en
Pages : 296
Book Description
"A compelling theory on the rationale for the changing fortunes of nations"--Publisher's website.
Knowledge and the Wealth of Nations: A Story of Economic Discovery
Author: David Warsh
Publisher: W. W. Norton & Company
ISBN: 0393329887
Category : Biography & Autobiography
Languages : en
Pages : 449
Book Description
Chronicling the story of what has come to be called the new growth theory, this text helps to explain dominant first-mover firms like IBM or Microsoft, underscores the value of intellectual property, and provides essential advice to those concerned with the expansion of the economy.
Publisher: W. W. Norton & Company
ISBN: 0393329887
Category : Biography & Autobiography
Languages : en
Pages : 449
Book Description
Chronicling the story of what has come to be called the new growth theory, this text helps to explain dominant first-mover firms like IBM or Microsoft, underscores the value of intellectual property, and provides essential advice to those concerned with the expansion of the economy.
The Public Wealth of Nations
Author: D. Detter
Publisher: Springer
ISBN: 113751986X
Category : Social Science
Languages : en
Pages : 230
Book Description
We have spent the last three decades engaged in a pointless and irrelevant debate about the relative merits of privatization or nationalization. We have been arguing about the wrong thing while sitting on a goldmine of assets. Don’t worry about who owns those assets, worry about whether they are managed effectively. Why does this matter? Because despite the Thatcher/ Reagan economic revolution, the largest pool of wealth in the world – a global total that is much larger than the world’s total pensions savings, and ten times the total of all the sovereign wealth funds on the planet – is still comprised of commercial assets that are held in public ownership. If professionally managed, they could generate an annual yield of 2.7 trillion dollars, more than current global spending on infrastructure: transport, power, water, and communications. Based on both economic research and hands-on experience from many countries, the authors argue that publicly owned commercial assets need to be taken out of the direct and distorting control of politicians and placed under professional management in a ‘National Wealth Fund’ or its local government equivalent. Such a move would trigger much-needed structural reforms in national economies, thus resurrect strained government finances, bolster ailing economic growth, and improve the fabric of democratic institutions. This radical, reforming book was named one of the "Books of the Year".by both the FT and The Economist.
Publisher: Springer
ISBN: 113751986X
Category : Social Science
Languages : en
Pages : 230
Book Description
We have spent the last three decades engaged in a pointless and irrelevant debate about the relative merits of privatization or nationalization. We have been arguing about the wrong thing while sitting on a goldmine of assets. Don’t worry about who owns those assets, worry about whether they are managed effectively. Why does this matter? Because despite the Thatcher/ Reagan economic revolution, the largest pool of wealth in the world – a global total that is much larger than the world’s total pensions savings, and ten times the total of all the sovereign wealth funds on the planet – is still comprised of commercial assets that are held in public ownership. If professionally managed, they could generate an annual yield of 2.7 trillion dollars, more than current global spending on infrastructure: transport, power, water, and communications. Based on both economic research and hands-on experience from many countries, the authors argue that publicly owned commercial assets need to be taken out of the direct and distorting control of politicians and placed under professional management in a ‘National Wealth Fund’ or its local government equivalent. Such a move would trigger much-needed structural reforms in national economies, thus resurrect strained government finances, bolster ailing economic growth, and improve the fabric of democratic institutions. This radical, reforming book was named one of the "Books of the Year".by both the FT and The Economist.
Economic Consequences of the Size of Nations
Author: E. Robinson
Publisher: Springer
ISBN: 1349152102
Category : Business & Economics
Languages : en
Pages : 460
Book Description
Publisher: Springer
ISBN: 1349152102
Category : Business & Economics
Languages : en
Pages : 460
Book Description
Economic Growth of Nations
Author: Simon Kuznets
Publisher: Belknap Press
ISBN: 9780674227804
Category : Economic development
Languages : en
Pages : 392
Book Description
Publisher: Belknap Press
ISBN: 9780674227804
Category : Economic development
Languages : en
Pages : 392
Book Description
Explaining the Economic Performance of Nations
Author: Angus Maddison
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 504
Book Description
This collection of Angus Maddison's work, which includes new essays, offers a comparative, quantitative analysis of the economic performance of nations, providing a clear view of why growth rates differ and why real income and productivity spreads are so wide. An autobiographical essay is included.
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 504
Book Description
This collection of Angus Maddison's work, which includes new essays, offers a comparative, quantitative analysis of the economic performance of nations, providing a clear view of why growth rates differ and why real income and productivity spreads are so wide. An autobiographical essay is included.