The transition from stagnation to growth and the associated phenomenon of the great divergence have been the subject of … an intensive research in the growth literature in recent years. The discrepancy between the predictions of exogenous and … endogenous growth models and the process of development over most of human history, induced growth theorists to advance an …

evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …

evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …

This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per … factors that have governed the pace of the transition from stagnation to growth and have thus contributed to contemporary … variation in economic development. It uncovers the forces that have sparked the emergence of multiple growth regimes and …