rearing. Growth dynamics depend in important ways on the externalities associated with knowledge and health. Depending on the … spending) may have ambiguous effects on growth. Trade-offs between education and health spending can be internalized by solving … for the growth-maximizing expenditure allocation. With an endogenous adult survival rate, multiple growth paths may emerge …

productivity of the poor. How should these policies be sequenced and implemented to spur growth? Would a large, front …-loaded increase in public infrastructure investment yield the desired growth-promoting effect? Taking a rigorous lo …