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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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https://doi.org/10.1007/978-94-007-2585-0nced by monetary forces, such as those occurring during inflation. Therefore, in the present chapter, we consider the relationship between inflation and growth. In elementary expositions, inflation and growth are treated as separate phenomena to be explained by different theories. But in fact there
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Clara Pliego,Faina Kamilova,Ben Lugtenbergr, the main concern of this literature has been with the influence of income levels on the inequality of income distribution. Thus, there have been many studies examining the extent to which the way income is distributed in countries at different income levels follows Kuznets’ Law that income inequa
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Bacteria in Agrobiology: Crop Productivityo-classical interest in the subject in the 1950s and 1960s, when there was a veritable explosion of articles and books on the subject for well nigh two decades. Since then, however, interest in the subject waned in the 1970s, when economists shifted their attention to the short-term macroeconomic pr
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https://doi.org/10.1057/9780230376816economic growth; growth; income distribution; inflation
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Introductionn US$200 in the least developed countries of Asia and Africa to over US$15 000 in the United States and some of the richer countries of Europe and the Middle East. Of course, countries differ so much in their location, populations, endowments of productive resources, cultural backgrounds, economic i
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The Structural Determinants of Growthpe to explain it in all its details right from the start. Instead, a better procedure would be to follow the method of successive approximations. Therefore, to begin with, we consider the factors that lead to the logistic pattern of growth, which seems to be the general pattern underlying the growth
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Theories of Growthn terms of the stocks of various factors of production — namely, land, labour, capital and the state of technology, and their variation over time. These are the theories developed by classical and neo-classical writers on the subject. Hence, these factors may be described as the classical determinan
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