Theoretical Approaches to Economic Growth and Development

An Interdisciplinary Perspective
1. Auflage 2020
ISBN: 978-3-030-50067-2
Verlag: Springer International Publishing

Buch, Englisch, 550 Seiten, Format (B × H): 153 mm x 216 mm, Gewicht: 853 g

This book provides the theoretical and analytical background critical to understand the process of economic development and growth at the beginning of the 21 century. This book adopts an interdisciplinary approach, using concepts borrowed from related disciplines such as politics, anthropology, psychology, business, and more. The core theme of this book is the argument that different theoretical approaches constitute excellent creative contributions, the study of which is necessary for a complete understanding of development and growth. Thus, this book stands out for its theoretical pluralistic character. The first part of the book provides an introduction to essential methodology terms for the theory of economic development and growth, while the second part outlines important concepts of economic behavior. Part three focuses on the sources of economic growth and their evolution throughout history, and pays special attention to the main theories related to economic growth as well as to the growth and development implications of Covid-19. The book ends with an analysis of international financial architecture and the consolidated financial transaction framework.

Zielgruppe

Research

Autoren/Hrsg.

Petrakis, Panagiotis E.

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geschichte der VWL
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Entwicklungsökonomie & Emerging Markets
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftswachstum

Inhaltsverzeichnis

1. The Methodological Puzzle.- 2. Introduction to General and Integrated Development and Growth.- 3. Economic Action, Cultural Background and Institutions.- 4. Complex Economic Systems, Information and Forms of Capitalism.- 5. Politics and Governance.- 6. Uncertainty.- 7. Expectations.- 8. Entrepreneurship.- 9. Evolution of Economy and Economic Thought.- 10. The Sources of Growth from the Birth of Economics to the Rise of the New Era.- 11. The Sources of Growth from the Beginning of Economics to the Emergence of the New Era: Equilibrium, Evolutionary Development, Schumpeter and Keynes.- 12. Neoclassical Synthesis and Keynesian Development.- 13. Solowian Growth and AK Models.- 14. International Trade Relations, Optimum Currency Areas, Externalities and Public Choice.- 15. The Era of Low Growth and High Inflation: Contemporary International Trade Theories, New Classics, New Keynesian, Human Capital, Contractization Theories, and Behavioral Economics Under Uncertainty.- 16. The GreatModeration, Real Business Cycles and Dynamic General Equilibrium Models.- 17. Endogenous Growth, Convergence and Evolutionism.- 18. The Macroeconomic and Development Debate after the Great Recession: The European Crisis, Deleveraging and Secular Stagnation.- 19. The Macroeconomic and Development Debate after the Great Recession: Fiscal Space, Multipliers and GDP, Debt Supercycle and Supply-Side Economics.- 20. Growth and Development Implications of Covid-19.- 21. International Financial Architecture.- 22. Central Banks, Reserve Currencies, International Chains, and International Interactions.

Über Autor(innen)

Panagiotis E. Petrakis is Professor in the Department of Economics at National and Kapodistrian University of Athens, Greece, where he serves as Director of the Sector of International Economics and Development and Scientific Coordinator of Distance Education Training Programs. He was chairman of the Department of Economics at National and Kapodistrian University of Athens from 2005 to 2009. He is the author of numerous scientific articles and monographs and has extensive publications in recognized academic journals on economic development, entrepreneurship, and cultural background.