rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Living standards and the wealth of nations
    sub title: successes and failures in real convergence
  name:
    name part: Balcerowicz, Leszek.
  name:
    name part: Fischer, Stanley.
  type of resource: text
  genre: bibliography
  genre: Electronic books.
  origin info:
    place:
      place term: mau
    place:
      place term: Cambridge, Mass
    publisher: MIT Press
    date issued: ©2006
    date issued: 2006
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource (vi, 434 pages) : illustrations
  abstract: A group of prominent international economists consider what makes for successful convergence--what policies and economic conditions help poor countries catch up to the living standards of rich countries.The question of convergence, or under what conditions the per capita income levels of developing countries can catch up to those found in advanced economies, is critical for understanding economic growth and development. Convergence has happened in many countries and appears to be taking place now in China and India--yet in general per capita income levels in the poorer countries do not converge towards those of richer countries as uniformly as the analytical models predict. Living Standards and the Wealth of Nations, which grew out of a 2003 conference on convergence hosted by the National Bank of Poland, offers detailed theoretical and empirical examinations of what makes for successful convergence. After general discussions of the theoretical requirements for "rapid catch up" and the possible link between democracy and growth, the book presents global case studies of both non-EU and EU countries, including a provocative comparison of growth in the transition economies of the CEE (Central and Eastern Europe) nations and the 12 non-Baltic states of the former Soviet Union. It then considers nominal as opposed to real convergence in the European Monetary Union. Taken together, the chapters present a consistent argument that reliance on market forces within an open economy in a stable macroeconomic environment, with assured property rights, is the key to rapid economic growth.ContributorsAnders Aslund, Leszek Balcerowicz, Manuel Balmaseda, Iain Begg, John Bradley, Vittorio Corbo L., Stanley Fischer, Leonardo Hernandez T., Philip E. Keefer, Olle Krantz, Abel Moreira Mateus, Thomas O'Connell, Stephen L. Parente, Edward C. Prescott, Jacek Rostowski, Isaac Sabethai, Miguel Sebastian, Diarmaid Smyth, Athanasios Vamvakidis, Jose Maria Vinals, Wing Thye Woo, Nikolai Zoubanov
  note: edited by Leszek Balcerowicz and Stanley Fischer.
  subject:
    topic: Economic development
  subject:
    topic: Convergence (Economics)
  subject:
    topic: Cost and standard of living
  subject:
    topic: Wealth
  subject:
    topic: ECONOMICS/Public Economics
  subject:
    topic: ECONOMICS/Trade & Development
  classification: HD75 .L59 2006eb
  classification: 339.4/2
  identifier: 9780262267618
  identifier: 0262267616
  identifier: 9780262025959
  identifier: 0262025957
  identifier: 9781429477208
  identifier: 1429477202
  identifier: http://proxy.library.tamu.edu/login
  record info:
    record content source: OCoLC-P
    record creation date: 070622
    record change date: 20221121162405.2
    record identifier: in00004600976
    language of cataloging:
      language term: eng