Principles of Economic Growth
Thorvaldur Gylfason
Table of Contents
Chapter 1: Growing Apart
Burma and Thailand; Botswana, Nigeria and Ghana; Uruguay, Argentina and Spain; Madagascar and Mauritius; Roots and branches; Quantity and quality; The importance of being efficient; Reforms and growth
Chapter 2: Roots and Branches
The first revolution: Adam Smith; Adam Smith's followers; Enter mathematics: Harrod and Domar; The second revolution: The neo-classical model; The third revolution: Endogenous growth; summary
Chapter 3: Quantity and Quality
Endogenous growth and technology; endogenous growth accounting; The level of income with endogenous growth; The neo-classical model again; How strong? How long?; Exogenous growth illustrated; How much to save; Optimal growth in figures; summary
Chapter 4: The Importance of Being Efficient
Growing together? Or growing apart?; Absolute vs. conditional convergence; Poverty traps; Case 1: Liberalization; Case 2: Stabilization; Case 3: Privatization; Case 4: Education, health and distribution; Case 5: Natural resources and geography; summary
Chapter 5: Reforms and Growth
Unemployment and growth; Some obstacles to reform and growth; In conclusion
Appendices
The Harrod-Domar Model; The Solow Model: Exogenous Growth; Endogenous Growth; More on Endogenous Growth; More on Exogenous Growth; Optimal Saving and Growth; Liberalization, Efficiency and Growth; Stabilization, Efficiency and Growth; Privatization, Efficiency and Growth; Education, Taxes and Growth
References
Cast of Characters