Long-run Growth, Social Institutions and Living Standards

Long-run Growth, Social Institutions and Living Standards

By: Arrigo Opocher (editor), Neri Salvadori (editor)Hardback

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This engaging book contains a set of original contributions to the much-debated issues of long-run economic growth in relation to institutional and social progress. It explores the mutual relationships between living standards, social habits, education and health systems, labour market regulation and participatory rules on one hand, and the growth of the economy on the other. These mutual relationships underpin the differences between long-run growth rates in different countries, and in their variations through time. The book also analyses fundamental historical, empirical and theoretical aspects of the many self-reinforcing mechanisms of growth, such as poverty traps or industrial take-offs. It offers a lively representation of the reasons why no lasting economic growth is possible without wider institutional, intellectual and ethical progress. Uncommitted to a specific overall economic theory, the contributors freely discuss their understanding of specific aspects of this complex subject. This stimulating integrated analysis of the main social drivers of economic growth will strongly appeal both to academic and practicing economists, and to postgraduate students interested in growth theory and social studies.

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Contents: Introduction Arrigo Opocher and Neri Salvadori 1. Does Economic Growth Ultimately Lead to a 'Noble Life'? A Comparative Analysis of the Predictions of Mill, Marshall and Keynes Arrigo Opocher 2. The Debate on Education Financing in the Classical Perspective Mario Pomini 3. The Role of the Public Sector in the Thought of Hyman Minsky Giuseppe Mastromatteo 4. Economic Progress and the Standard of Life: Notes on a Dynamic Approach to Needs and Consumption Davide Gualerzi 5. The Need for Standards in Students' Grading Valentino Dardanoni and Salvatore Modica 6. Education and Endogenous Growth in the Neoclassical Tradition Mario Pomini 7. Education and Poverty in a Solow Growth Model Thomas Bassetti 8. Child Mortality Decline, Inequality and Economic Growth Tamara Fioroni 9. Health Funding, Inequality and Economic Growth Davide Dottori 10. Education, Change in Consumer Preferences and Growth Renato Balducci 11. Unemployment in a System of Labour-managed Firms Bruno Jossa 12. Regulated Wage Economy and Taxation Systems: A Long-run Welfare and Growth-Theoretical Analysis and a Policy Exercise Luciano Fanti and Luca Gori 13. Sustainable Development and Energy Trends Simone Borghesi and Alessandro Vercelli 14. Human Needs, Sustainable Development, and Public Policy:Learning from K.W. Kapp (1910-1976) Tommaso Luzzati 15. Participatory Planning of Economic Development: The Coevolution of Economic Theory and Policy Martina Pignatti Morano 16. Political and Economic Interaction: Income Distribution and Economic Growth Francesco Purificato Index

Product Details

  • publication date: 01/04/2009
  • ISBN13: 9781848442276
  • Format: Hardback
  • Number Of Pages: 400
  • ID: 9781848442276
  • ISBN10: 1848442270

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