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Financing the capital development of the economy : a Keynes-Schumpeter-Minsky synthesis
Mazzucato, Mariana; Wray, L. Randall - 2015
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular … economy, was financing itself. At the same time, the capital development of the economy suffered perceptibly. If we apply a … greatest explosion of financial innovation the world had ever seen. Financial fragility grew until the economy collapsed into …
Persistent link: https://www.econbiz.de/10010530034
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Financing the capital development of the economy : a Keynes-Schumpeter-Minsky synthesis
Mazzucato, Mariana; Wray, L. Randall - 2015
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular … economy, was financing itself. At the same time, the capital development of the economy suffered perceptibly. If we apply a …
Persistent link: https://www.econbiz.de/10010517057
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China’s Development Path : Government, Business, and Globalization in an Innovating Economy
Li, Yin; Lazonick, William - 2022
We employ the “social conditions of innovative enterprise” framework to analyze the key determinants of China’s development path from the economic reforms of 1978 to the present. First, we focus on how government investments in human capabilities and physical infrastructure provided...
Persistent link: https://www.econbiz.de/10014077435
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From Riches to Rags or What Went Wrong in Greece
Bitros, George C. - Volkswirtschaftliche Fakultät, … - 2012
direction of unfettered statism, thus destroying the international competitiveness of the Greek economy. Some researchers have …
Persistent link: https://www.econbiz.de/10011113513
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The Myth of 'African Growth Tragedy' : Past, Present and Future
Zhang, Tianze - 2018
In the late 1990s, as economists looked back the development period in Africa since 1970s, they put forward the notion “African growth tragedy” , meaning that Africa's poor growth and resulting low income is associated with low schooling, political instability, underdeveloped financial...
Persistent link: https://www.econbiz.de/10012910710
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Engineers, innovative capacity and development in the Americas
Maloney, William F.; Caicedo, Felipe Valencia - 2014
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10010370094
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Engineers, Innovative Capacity and Development in the Americas
Maloney, William F. - 2014
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10013051452
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Engineers, Innovative Capacity and Development in the Americas
Maloney, William F. - 2014
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present in come differences, and, in...
Persistent link: https://www.econbiz.de/10013052454
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Lessons from Colombian Economic Development
Echeverry, Juan Carlos - 2009
Colombia is an interesting case study within emerging countries. Through 150 years of democratic tradition and seven decades of sound fiscal and monetary policies, the country has displayed institutional strength and economic growth, in spite of strong external shocks, rent-seeking by sectoral...
Persistent link: https://www.econbiz.de/10014202969
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The Good Governance Imperative : A Nigeria Economic Development Case Study
Bowen, Barton R. - 2003
In relation to the concept of governance as defined by the World Bank, this article reviews the mistakes and lessons learned from Nigeria's attempt at economic development over the final three or four decades of the 20th century. Special attention is given to the adverse impact of the several...
Persistent link: https://www.econbiz.de/10014075538