The World Economy: Growth or Stagnation?

· ·
· Cambridge University Press
Ebook
23
Pages

About this ebook

The balance of the world economy is shifting away from the established economies of Europe, Japan, and the USA, towards the emerging economies of Asia, especially India and China. With contributions from some of the world's leading growth theorists, this book analyses the long-term process of structural change and productivity growth across the world from a unique comparative perspective. Ongoing research from the World KLEMS Initiative is used to comparatively study new sources of growth - including the role of investment in intangible assets, human capital, technology catch-up, and trade in global value chains. This book provides comparisons of industries and economies that are key to analysing the impacts of international trade and investment. This makes it an ideal read for academics and students interested in understanding current patterns of economic growth. It will also be of value to professionals with an interest in the drivers of economic growth and crisis.
The balance of the world economy is shifting away from the established economies of Europe, Japan, and the USA, towards the emerging economies of Asia, especially India and China. With contributions from some of the world's leading growth theorists, this book analyses the long-term process of str...

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About the author

Dale W. Jorgenson is the Samuel W. Morris University Professor at Harvard University. He was awarded the prestigious John Bates Clark Medal by the American Economic Association in 1971, and served as the President of the Association in 2000. He is the author of more than three hundred articles in economics, and the author and editor of 37 books.

Kyoji Fukao is Professor at the Institute of Economic Research, Hitotsubashi University, and Program Leader at the Research Unit for Statistical and Empirical Analysis in Social Sciences in Japan. He co-authored Foreign Direct Investment in Japan with Ralph Paprzycki (Cambridge, 2008) and has published articles in several economic journals.

Marcel P. Timmer is Professor of Economic Growth and Development and Director of the Groningen Growth and Development Centre (GGDC) at the University of Groningen, The Netherlands. He has published more than thirty articles in international journals, and is the lead author of the book Economic Growth in Europe (Cambridge, 2010).

Dale W. Jorgenson is the Samuel W. Morris University Professor at Harvard University. He was awarded the prestigious John Bates Clark Medal by the American Economic Association in 1971, and served as the President of the Association in 2000. He is the author of more than three hundred articles in...

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