Capital Accumulation and Economic Growth in a Small Open Economy (The CICSE Lectures in Growth and Development) by Stephen J. Turnovsky

Capital Accumulation and Economic Growth in a Small Open Economy (The CICSE Lectures in Growth and Development)



Download Capital Accumulation and Economic Growth in a Small Open Economy (The CICSE Lectures in Growth and Development)




Capital Accumulation and Economic Growth in a Small Open Economy (The CICSE Lectures in Growth and Development) Stephen J. Turnovsky
Language: English
Page: 254
Format: pdf
ISBN: 0521764750, 9780511641336
Publisher:

Review

Review of the hardback: 'The literature on economic growth has produced a number of models to explain the determinants of the long-run rate of growth. Turnovsky provides an excellent survey of these models, with an emphasis on the implications of the various models for the long-run effects of fiscal policies in a small open economy. This book is an important contribution to the understanding of the dynamic effects of macroeconomic policy by one of the leaders in the field.' Eric Bond, Vanderbilt University

Review of the hardback: 'All you need to know about the rigorous analysis of growth, labor supply, and capital accumulation in small open economies with plenty of policy-relevant results on engines of growth, productive government spending, and taxation. The discussion of foreign aid in two-sector models is especially relevant for developing economies.' Rick Van Der Ploeg, University of Oxford

Book Description

Economic growth is an issue of primary concern to policy makers in both developed and developing economies. In this book, renowned growth theorist Stephen J. Turnovsky investigates the process of economic growth in a small open economy, showing that it is sensitive to the productive structure of the economy.

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