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Constitutional Environments and Economic Growth
Gerald W. Scully
€ 129.66
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Description for Constitutional Environments and Economic Growth
Hardback. Series: Princeton Legacy Library. Num Pages: 258 pages, black & white illustrations. BIC Classification: KCG; KCM; KCP. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 254 x 178 x 16. Weight in Grams: 657.
In this provocative work, Gerald Scully develops and empirically tests a theory about how a nation's constitutional setting affects its economic growth. Modern growth theory links the rise in the standard of living to capital formation, both physical and human, and to technological progress, and development economists continue to believe that the transformation of the less developed world cannot occur without massive government control of the economy. Scully, on the other hand, maintains that material advancement is as much affected by the choice of the economic, legal, and political institutions under which people live and work as it is by ... Read more
In this provocative work, Gerald Scully develops and empirically tests a theory about how a nation's constitutional setting affects its economic growth. Modern growth theory links the rise in the standard of living to capital formation, both physical and human, and to technological progress, and development economists continue to believe that the transformation of the less developed world cannot occur without massive government control of the economy. Scully, on the other hand, maintains that material advancement is as much affected by the choice of the economic, legal, and political institutions under which people live and work as it is by ... Read more
Product Details
Format
Hardback
Publication date
2017
Publisher
Princeton University Press United States
Number of pages
258
Condition
New
Series
Princeton Legacy Library
Number of Pages
258
Place of Publication
New Jersey, United States
ISBN
9780691634555
SKU
V9780691634555
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
Reviews for Constitutional Environments and Economic Growth
"Scully insists that the 'rules of the game' under which capital accumulates, technology advances, and incomes are distributed, are determined primarily by social, political, and legal institutions... His statistical data reveal that market-oriented, politically open economies grew almost three times faster, had more equitable distribution of income, and were two and one-half times more efficient in transforming their inputs into ... Read more