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Titlebook: Economic Growth in Theory and Practice; R. M. Sundrum Book 1990 Palgrave Macmillan, a division of Macmillan Publishers Limited 1990 econom

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Interpretationen und komparative Analysen,onships, because they refer to different ways in which government expenditures influence the level and the growth of national income. We therefore consider each of these relationships in turn, beginning with the relationship between the level of government expenditures and the level of national income.
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Introduction have increasingly had access to the same body of productive technology; it may therefore have been expected that this contact would have led to some reduction in the differences in their per capita incomes. In view of this historical circumstance, it is remarkable that the differences between countries are still so great.
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Growth in the Service Sectorthis reason that the classical economists considered the hiring of labour by the landlord class as ‘unproductive consumption’. Another consequence is that they are not generally the subject of trade between countries, and are treated as non-tradables; in fact, however, they enter into international trade in some forms.
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growth from the earliest stages to the most advanced. Central to the theory is the structural transformation which is associated with the growth process. This structural transformation is used to explain the logistic pattern that economic growth has followed in the real world. Within this logistic
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Developing Talent and Capabilities, and the . of income; (b) the relationship between the . of exports and the . of income, and (c) the relationship between the . of exports and the . of income. It is important to distinguish these three relationships, because they differ in their underlying mechanism.
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Theories of Growthts of growth. Their main distinguishing feature is that they deal primarily with the supply factors. Part II of the book deals with the extent to which these supply factors are able to explain growth as it has actually taken place.
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