International Differences in Growth Rates: Market Globalization and Economic Areas

by Mario Baldassarri (Editor), Luigi Paganetto (Editor), Edmund S. Phelps (Editor)

Why have some countries grown much faster than others in the post-war period and over a longer timespan? And what can a country do to improve its growth and performance? The contributors to this volume provide answers to these questions, focussing in particular on two areas: the role that globalization of certain markets has played in the convergence of productivity levels over much of the world in recent decades and the effect on economic growth of a country's membership of a specific economic area.

508 pages, Hardcover

First published January 1, 1994