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Наименование:

Its Implications for Economic Growth The International Structure of Income.

Автор:   Salvatore B.
мягкая обложка
204 страниц
2009 год
Издательство:   Книга по Требованию
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3231 руб
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Описание:Moreover, investment, particularly foreign direct investment, is shown to follow rather than cause economic growth. Statistical estimates and graphs of global income inequality at both the national and individual levels of analysis are included. This volume such patterns in the international structure of income over five decades. The overall message is that growth and development are largely driven not by economic policy, but by social policy. These models show that while investment is correlated with growth in the core of the world-economy, demographic effects predominate in the peripheries. Global patterns of economic development have hardly changed over the past fifty years. The few examples of upward mobility in the world-economy are examined in detail, with a special section devoted to the recent rise of China. All of the countries that were rich then are still rich now, and nearly all of the countries that were poor then are still poor now. A key innovation of this volume is the formulation of hybrid models of economic growth combining elements from world- systems theory in sociology and neoclassical growth theory in economics.


Orthomol Immun Junior Сила иммунитета на страже Вашего ребенка Orthomol Immun Junior Сила иммунитета на страже Вашего ребенка

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When China Rules the World

Military and political power rest on economic strength. As Paul Kennedy argued in The Rise and Fall of the Great Powers, the ability of nations to exercise and sustain global hegemony has ultimately depended on their productive capacity. [16] America’s present superpower status is a product of its rapid economic growth between 1870 and 1950 and the fact that during the second half of the twentieth century it was the world’s largest and often most dynamic economy. This economic strength underpinned and made possible its astonishing political, cultural and military power from 1945 onwards. According to the economic historian Angus Maddison, the US economy accounted for 8.8 per cent of global GDP in 1870. There then followed a spectacular period of growth during which the proportion rose to 18.9 per cent in 1913 and 27.3 per cent in 1950. This was followed by a slow and steady decline to 22.1 per cent in 1973, with the figure now hovering around 20 per cent. [17] This still represents a formidable proportion, given that the US accounts for only 4.6 per cent of the world’s population, but the long-run trend is unmistakable. [18] One could make a similar point in relation to Victorian Britain’s imperial reach between 1850 and 1914 ...»

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