Puzzles of Economic Growth

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collection.link.336
https://openknowledge.worldbank.org/handle/10986/32464
collection.name.336
Directions in Development
dc.contributor.author
Balcerowicz, Leszek
dc.contributor.author
Rzonca, Andrzej
dc.contributor.editor
Balcerowicz, Leszek
dc.contributor.editor
Rzonca, Andrzej
dc.date.accessioned
2014-12-02T21:51:05Z
dc.date.available
2014-12-02T21:51:05Z
dc.date.issued
2015
dc.date.lastModified
2019-09-27T15:59:58Z
dc.description.abstract
Looking at the economic growth of seemingly similar countries one can find striking differences. Why has Australia gotten so much ahead of New Zealand, in spite of the latter being held up as a paragon of free market reform? How is it possible that Austria, with its persistently oversized state enterprise sector, has managed to (nearly) catch up with Switzerland? How can we account for the differences in economic growth between Estonia and Slovenia, and which of these two countries has been more successful at systemic transformation? Why is Mexico so much poorer than Spain, despite having been wealthier all the way into the 1960s? Why has Venezuela, which in 1950 had a per capita income higher than that of Norway and remains a major exporter of oil, slipped behind Chile? Why is Costa Rica lagging behind Puerto Rico, even though in the 1970s the U.S. territory's fast development slowed to a crawl and is now far below other comparable island economies? Why has 'communist' China outstripped 'capitalist' India? Why has Pakistan's growth lagged behind that of Indonesia, even though the latter suffered one of the deepest crises in world economic history in the years 1997-98? Why, even before the 2010 earthquake, the Dominican Republic has been visited by several dozen times more tourists than Haiti, despite being situated on the same island? This book strives to answer these (and many other) questions. They are all part of a broader question that we wish to address: how do differences in economic growth arise?
en
dc.identifier
http://documents.worldbank.org/curated/en/2014/11/20459000/puzzles-economic-growth
dc.identifier.isbn
978-1-4648-0325-3
dc.identifier.uri
http://hdl.handle.net/10986/20601
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
Directions in Development--Public Sector Governance;
dc.rights
CC BY 3.0 IGO
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCELERATED ECONOMIC GROWTH
dc.subject
ANALYSIS OF ECONOMIC GROWTH
dc.subject
ANNUAL ECONOMIC GROWTH
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BALANCED ECONOMIC GROWTH
dc.subject
BUSINESS CYCLE
dc.subject
BUSINESS CYCLES
dc.subject
CAPITAL FORMATION
dc.subject
CONSUMPTION EXPENDITURE
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC GROWTH RATE
dc.subject
ECONOMIC GROWTH PERFORMANCE
dc.subject
ECONOMIC GROWTH RATES
dc.subject
ENDOGENOUS GROWTH THEORY
dc.subject
FAST ECONOMIC GROWTH
dc.subject
FINAL CONSUMPTION EXPENDITURE
dc.subject
GDP GROWTH
dc.subject
GDP PER CAPITA
dc.subject
GDP DEFLATOR
dc.subject
GDP GROWTH RATES
dc.subject
GDP GROWTH RATE
dc.subject
GLOBAL ECONOMIC GROWTH
dc.subject
GNP
dc.subject
GNP PER CAPITA
dc.subject
GOVERNMENT FINAL CONSUMPTION EXPENDITURE
dc.subject
GROSS DOMESTIC PRODUCT
dc.subject
GROSS NATIONAL PRODUCT
dc.subject
GROWTH RATE
dc.subject
GROWTH RATES
dc.subject
GROWTH MODEL
dc.subject
GROWTH ACCOUNTING
dc.subject
GROWTH ANALYSIS
dc.subject
GROWTH DIAGNOSTICS
dc.subject
GROWTH MODEL
dc.subject
GROWTH THEORIES
dc.subject
LONG-TERM ECONOMIC GROWTH
dc.subject
MODERN ECONOMIC GROWTH
dc.subject
NATIONAL INCOME
dc.subject
NEOCLASSICAL GROWTH MODEL
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PER CAPITA INCOME
dc.subject
PER CAPITA INCOME GROWTH
dc.subject
RAPID ECONOMIC GROWTH
dc.subject
RATE OF GROWTH
dc.subject
REAL GDP
dc.subject
STABLE ECONOMIC GROWTH
dc.subject
SUSTAINABLE ECONOMIC GROWTH
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TECHNOLOGICAL CHANGE
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TFP
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TOTAL FACTOR PRODUCTIVITY
dc.subject
INSTITUTIONAL ECONOMICS
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INNOVATION-BASED GROWTH
dc.subject
SPECIAL GROWTH MECHANISMS
dc.subject
DIVERGENCE
dc.subject
CONVERGENCE
dc.subject
CATCHING UP
dc.subject
SHOCKS
dc.subject
BREAKOUTS
dc.subject
CRISES
dc.subject
GROWTH COLLAPSES
dc.subject
INSTITUTIONS
dc.subject
STRUCTURAL REFORMS
dc.subject
FISCAL POLICY
dc.subject
MONETARY POLICY
dc.subject
COMPARATIVE ANALYSIS
dc.subject
GROWTH THEORY
dc.subject
POLITICAL ECONOMY
dc.title
Puzzles of Economic Growth
en
okr.date.disclosure
2014-12-02
okr.doctype
Publications & Research :: Publication
okr.docurl
http://documents.worldbank.org/curated/en/2014/11/20459000/puzzles-economic-growth
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Governance
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-0325-3
okr.identifier.externaldocumentum
000456286_20141202103745
okr.identifier.internaldocumentum
20459000
okr.identifier.report
92864
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/12/02/000456286_20141202103745/Rendered/PDF/928640PUB0978100Box385358B00PUBLIC0.pdf
en
okr.topic
Macroeconomics and Economic Growth :: Economic Development
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Macroeconomics and Economic Growth :: Economic Policy, Institutions and Governance
okr.topic
Macroeconomics and Economic Growth :: Economic Stabilization
okr.topic
Macroeconomics and Economic Growth :: Economic Theory & Research
okr.topic
Governance :: Governance and the Financial Sector
okr.topic
Governance :: National Governance
okr.topic
Governance :: Politics and Government
okr.unit
Publishing and Knowledge (ECRPK)

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