English, Article, Journal or magazine article edition: Policy determinants of growth : survey of theory and evidence Easterly, William R.; Wetzel, Deborah L.

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/187552
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Policy determinants of growth : survey of theory and evidence
Author
  • Easterly, William R.
  • Wetzel, Deborah L.
Physical Description
  • preprint
Notes
  • This paper explores the broad themes of the literature on economic growth. It makesthe following two broad conclusions. First, it notes that the efficiency of investment is as important as the level of investment in determining growth performance. Secondly, it states that keeping to a minimum the distortion of resource allocation by government policies makes saving and investment more efficient and promotes long-term economic growth. Policies that contribute to the efficiency of investment and that lower distortions in resource allocation will thus generally encourage growth. Policies that promote investment, liberalize trade restrictions and remove distortions in financial markets are likely to raise a country's long-run rate of growth. It is noted, however, that more research is needed to formulate structural models of growth that give clear guidance on the effect of various policy measures.
  • Achieving Shared Growth,Economic Theory&​Research,Environmental Economics&​Policies,Economic Growth,Governance Indicators
  • RePEc:wbk:wbrwps:343
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment