Economic Growth Theory

Preface

Living conditions, wages and wealth vary among families, races, cities, regions and countries. It is important to study how persistent disparities in aggregate growth rates across nations, regions or groups of people have led to differences in welfare and happiness. Do traditional cultural values like the Protestant Ethic or Confucianism promote or resist economic growth? Is high personal saving rate a social evil or virtue? What are the sources of Mainland China's continued growth in the last two decades? Will income/wealth inequality among the individuals or regions be reduced as an economy is expanding? Does everyone benefit from economic globalization? If not, who will benefit from economic globalization? Is globalization sustainable? ...