The dynamics of economic growth: a visual handbook of growth rates, regimes, transitions and volatility

By: Kar, Sabyasachi
Contributor(s): Prtichett, Lant | Raihan, Selim | Sen, Kunal
Publisher: Manchester ESID 2013Description: x, 281 p.ISBN: 9781908749185Subject(s): Economic growth | Economic developmentDDC classification: 338.9 Summary: The Handbook presents graphs to illustrate the dynamics of the growth experiences of 125 countries. These graphs highlight the dynamic and episodic nature of economic growth and show that many countries have experienced very different growth phases. The timing and magnitude of ‘breaks’ or ‘episodes’ or ‘regime transitions’ for all 125 countries are identified using a standard statistical procedure. This view of economic growth as transitions across growth phases suggests the need to move beyond current approaches to studying growth. To understand what determines economic growth, a ‘third generation’ of theoretical models and empirical methods needs to be developed. (http://www.effective-states.org/handbook/)
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Slot 982 (0 Floor, East Wing) Non-fiction 338.9 K2D9 (Browse shelf) Available 190015

The Handbook presents graphs to illustrate the dynamics of the growth experiences of 125 countries. These graphs highlight the dynamic and episodic nature of economic growth and show that many countries have experienced very different growth phases. The timing and magnitude of ‘breaks’ or ‘episodes’ or ‘regime transitions’ for all 125 countries are identified using a standard statistical procedure.
This view of economic growth as transitions across growth phases suggests the need to move beyond current approaches to studying growth. To understand what determines economic growth, a ‘third generation’ of theoretical models and empirical methods needs to be developed.

(http://www.effective-states.org/handbook/)

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