000 02149nam a2200241 4500
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008 250111b |||||||| |||| 00| 0 eng d
020 _a9783031597275
082 _a338.9
_bDAS
100 _aDas, Sibabrata
_920382
245 _aEconomic growth and development:
_ba dynamic dual economy approach
250 _a3rd
260 _bSpringer
_aCham
_c2024
300 _axiii, 439 p.
365 _aEUR
_b99.99
490 _aSpringer Texts in Business and Economics
520 _aRevised and updated for the third edition, this text is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined. Structural transformation, in which developing countries transition from traditional production in largely rural areas to modern production in largely urban areas, is an important causal force in creating early economic growth, and as such, is made central in this approach. Towards this end, the authors augment the Solow model to include endogenous theories of saving, fertility, human capital, institutional arrangements, and policy formation, creating a single two-sector model of structural transformation. Based on applied research and practical experiences in macroeconomic development, the model in this book presents a more rigorous, quantifiable, andexplicitly dynamic dual economy approach to development. Common microeconomic foundations and notation are used throughout, with each chapter building on the previous material in a continuous flow. The updated third edition includes two completely new chapters on government debt and growth slowdowns, topics that will be useful for undergraduate and graduate students studying development economics and macroeconomics. (https://link.springer.com/book/10.1007/978-3-031-59728-2)
650 _aMacroeconomics
650 _aEconomic development
700 _aMourmouras, Alex
_920383
700 _aRangazas, Peter
_920384
942 _cBK
_2ddc
999 _c8435
_d8435