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The Rise and Fall of Nations

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  • Michael Grömling
  • Markus Taube
  • Jürgen Jerger

Abstract

Economic and technological superiority may give a nation supremacy, but what are the factors that determine economic prosperity and what influences the poverty or wealth of nations? An academic conference on this topic led by Dr. Wolfgang Quaisser and Dr. Martin Held took place on 23 and 24 May 2014 in the Akademie für Politische Bildung Tutzing. Michael Grömling, Institut der deutschen Wirtschaft Köln, discusses the economic reasons for the rising overall macroeconomic importance of services in the long-term, and points out that manufacturing and services work hand-in-hand in modern economies. Markus Taube, University of Duisburg-Essen, cites reasons why China as an economic power fell behind Europe some time ago and, in his opinion, looks set to remain there. Jürgen Jerger, University of Regensburg and Institut für Ost- und Südosteuropaforschung, Regensburg, shows that a country's policy can set the course for its economic rise or fall; and that the rise of one nation must not necessarily be accompanied by the fall of another.

Suggested Citation

  • Michael Grömling & Markus Taube & Jürgen Jerger, 2014. "The Rise and Fall of Nations," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(14), pages 03-14, July.
  • Handle: RePEc:ces:ifosdt:v:67:y:2014:i:14:p:03-14
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    References listed on IDEAS

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    1. Brezis, Elise S & Krugman, Paul R & Tsiddon, Daniel, 1993. "Leapfrogging in International Competition: A Theory of Cycles in National Technological Leadership," American Economic Review, American Economic Association, vol. 83(5), pages 1211-1219, December.
    2. Sala-i-Martin, Xavier, 1997. "I Just Ran Two Million Regressions," American Economic Review, American Economic Association, vol. 87(2), pages 178-183, May.
    3. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    1. Mohri, Seyed Sina & Mohammadi, Mehrdad & Gendreau, Michel & Pirayesh, Amir & Ghasemaghaei, Ali & Salehi, Vahid, 2022. "Hazardous material transportation problems: A comprehensive overview of models and solution approaches," European Journal of Operational Research, Elsevier, vol. 302(1), pages 1-38.

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    More about this item

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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