Long-run Growth, Social Institutions and Living Standards
Produktdetaljer
Biografisk notat
Edited by Neri Salvadori, Professor of Economics, University of Pisa, Italy and Arrigo Opocher, Professor of Economics, University of Padua, ItalyIt explores the mutual relationships between living standards, social habits, education and health systems, labour market regulation and participatory rules on one hand, and the growth of the economy on the other. These mutual relationships underpin the differences between long-run growth rates in different countries, and in their variations through time. The book also analyses fundamental historical, empirical and theoretical aspects of the many self-reinforcing mechanisms of growth, such as poverty traps or industrial take-offs. It offers a lively representation of the reasons why no lasting economic growth is possible without wider institutional, intellectual and ethical progress. Uncommitted to a specific overall economic theory, the contributors freely discuss their understanding of specific aspects of this complex subject.
This stimulating integrated analysis of the main social drivers of economic growth will strongly appeal both to academic and practising economists, and to postgraduate students interested in growth theory and social studies.