David N. Weil. Economic Growth. (Second Edition). New York: Addison Wesley Press, 2009. 565 pages. Paperback. Price not given
In: The Pakistan development review: PDR, Band 47, Heft 3, S. 306-307
Abstract
Despite the great concern towards the issue of the convergence
of economies, the world is still witnessing the gap between rich and
poor being widened progressively. The book examines the interesting
question of why some countries are rich and some are poor-why they
differ in their levels of income and their rates of economic growth.
Featuring the latest data, new case studies, and a number of significant
additions in the content, the new Second Edition takes the Weil legacy
further. The text develops a very balanced relevance of both
macroeconomics' classical roots and its current practice in the field of
growth. Engagingly written, it brings into use simple models, close to
reality examples, and instructive tables and figures to address the key
issues. Chapter summaries, list of key concepts at the beginning of each
chapter, questions for review, as well as problems and applications to
help the diligent reader master the material he provides. The clarity of
the writing, the richness of the empirical and quantitative
descriptions, and the best available evidence of some of the modern
economies confronting growth issues, however, would further deepen his
interest.
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