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Economic Growth & Transition (V1)

Economic Growth & Transition (V1)

Hardcover

Series: Economic Growth Centre Research Monograph, Book 1

Economics

ISBN10: 9814291838
ISBN13: 9789814291835
Publisher: World Scientific Publishing Company
Published: May 30 2010
Pages: 148
Weight: 0.90
Height: 0.60 Width: 6.00 Depth: 9.00
Language: English
This book is the first of its kind to systematically analyze and apply Lim Chong Yah's S-Curve Hypothesis to the various facets of economic growth and economic transition. By augmenting the mathematical and economical sophistication of the hypothesis, this book extends the S-Curve hypothesis to provide further insight into economic growth and transition.It also utilizes a construction of a stochastic growth model to provide the microeconomic foundation for the S-Curve hypothesis. This model resolves the puzzle of why some developing countries experience economic take-off, while others do not. The book analyzes and extends discussion on the S-Curve, and also applies the S-Curve hypothesis to predict long-term growth in Japan and Singapore. It serves as an excellent resource for people interested in Lim's growth theory.

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Economics