Edward Elgar Publishing Economic Growth: New Directions in Theory and Policy

Product Description This enlightening and significant volume focuses on the nature, causes and features of economic growth across a wide range of countries and regions. Covering a variety of growth related topics - from theoretical analyses of economic growth in general to empirical analyses of growth in the OECD, transition economies and developing economies - the distinguished cast of contributors addresses some of the most important contemporary issues and developments in the field. These include, amongst others: •⊂ endogenous growth theory•⊂ Keynesian theories of the business cycle and growth•⊂ unemployment and growth•⊂ FDI and productivity spillovers•⊂ knowledge externalities and growth. This useful analysis of the many facets of economic growth will be an essential read for those interested in economic theory and economic policy-making, as well as students and scholars of macroeconomics and finance. Review 'Economic Growth is an enlightening and significant new volume providing a useful analysis of the many facts of economic growth and pointing the way toward policy correction. The volume will be an essential read for those interested in economic theory and economic policy-making, as well as students and scholars of macroeconomics and finance.' -- SirReadaLot.org About the Author Edited by Philip Arestis, University Director of Research, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge and Fellow, Wolfson College, UK, Michelle Baddeley, University of Technology Sydney, Australia and John S.L. McCombie, Professor of Regional and Applied Economics and Director, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge and Fellow of Downing College, Cambridge, UK