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Greenland in world politics and economy
Paperback
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ISBN10: 620992381X
ISBN13: 9786209923814
Publisher: Our Knowledge Publishing
Published: Apr 21 2026
Pages: 100
Weight: 0.32
Height: 0.24 Width: 6.00 Depth: 9.00
Language: English
ISBN13: 9786209923814
Publisher: Our Knowledge Publishing
Published: Apr 21 2026
Pages: 100
Weight: 0.32
Height: 0.24 Width: 6.00 Depth: 9.00
Language: English
The author traces the political, economic and social development of Greenland, the largest island in the world, which is now a self-governing territory of Denmark. The econometric analysis, covering the half-century period between 1970 and 2020, was conducted using neoclassical and endogenous growth models. As the endogenous one, the author chose the general, or world model with an embedded mechanism of technological progress, developed by Prof. György Simon Sr. (1930-2008) based on statistical data from 131 countries, including Denmark. This Caldor-type growth model takes into account not only physical and human capital, but also time in its role as the event space of creative economic activity. In particular, it allows comparing total factor efficiency with the world level.
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