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020 _a9788171884841
082 _a338.9 HEL
100 _aHelpman, Elhaman
245 0 _aMystery of economic growth
260 _aNew Delhi
260 _bAcademic Foundation
260 _c2005
300 _a223 p.
365 _b 595.00
365 _dRS
520 _aFat more than an intellectual puzzle for pundits, economists, and policymakers, economic growth—its makings and workings-is a subject that affects the well-being of billions of people around the globe. In The Mystery of Economic Growth, Elhanan Helpman discusses the vast research that has revolutionized understanding of this subject in recent years, and summarizes and explains its critical messages in clear, concise, and accessible terms. The tale of growth economics, as Helpman tells it, is organized around a number of themes: the importance of the accumulation of physical and human capital; the effect of technological factors on the rate of this accumulation; the process of knowledge creation and its influence on productivity; the inter dependence of the growth rates of different countries; and, finally, the role of economic and political institutions in encouraging accumulation, innovation, and change. One of the leading researchers of economic growth, Helpman succinctly reviews, critiques, and integrates current research-on capital accumulation, education, productivity, trade, inequality, geography, and institutions-and clarifies its relevance for global economic inequities.
650 _aEconomic development
942 _cB
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