Why must China maintain high economic growth? Firstly, countries with growing populations must have economic growth, otherwise they fall into the Malthusian trap. If economic growth stops, there would ...

Economic Theory, Vol. 29, No. 2, Symposium in Honor of Mukul Majumdar (Oct., 2006), pp. 341-362 (22 pages) We highlight two features of undiscounted optimal growth in the context of a two-sector model ...

HE doesn’t use e-mail—yet his name is inextricably linked with technological progress. An avid sailor who never strays far from shore, Robert Solow is one of the most adventurous minds in economics, ...

Ghanaians see the evidence of economic wear-and-tear every day. Potholes often appear soon after a road project is commissioned. Power plants operate below capacity within a decade. Irrigation ...

This is a preview. Log in through your library . Abstract It is often asserted that the more substitutable capital and labor are in the aggregate production the more rapidly an economy grows. Recently ...

How do societies become richer? Robert Solow, an American economist who died Thursday at age 99, said technical progress and innovation were a core reason economies grew and people became prosperous.

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The First Millennium Development Goal (MDG#1) is to cut the fraction of global population living on less than one dollar ...

Humberto “Bert” Barreto, Q.G. Noblitt Professor of Economics and Management, is busy. Not only is he teaching, he recently published a third book on using Excel for economics pedagogy and is working ...