Joseph Stiglitz has laid out many of the issues central to the debate on globalization in a compelling story in a recent influential book. Globalization has become a contentious issue because the economic policies advocated for and, at times, almost imposed upon developing countries by...

This paper is a contribution to the analysis of the growth process within industrial market economies. It examines the connection between growth and the composition of demand, in particular the consumption--growth relationship. The focus is not on the trade-off between consumption and growth but...

Our aim is to understand how the process of transformational growth during the 1990s shaped the boom and bust of the New Economy. From the debate on new technologies and productivity growth, we move on to consider the questions raised by technological developments of the 1990s. Our focus is on...