IDEAS home Printed from https://ideas.repec.org/a/eaa/aeinde/v14y2014i1_1.html
   My bibliography  Save this article

New Prospects Of Economic Growth In Context Of Underdevelopment Whirlpools Phenomena

Author

Listed:
  • POPKOVA, Elena

Abstract

The author seeks to provide a new complex approach to the phenomena of economic growth. The article covers such issues as the nature and the structure of economic growth as well as the main forms of its manifestation. The author sees economic growth mostly as a social process, following basic humanistic principles. New features of contemporary economic growth are investigated in the paper via the system of economic science tasks and general economic development tendencies. The notion of “underdevelopment whirlpool” is introduced; the main features of the phenomena are exposed. On the basis of the given methodological toolset the temporal development asymmetry of certain economies is traced by comparing the levels of GDP per capita in developing and developed countries throughout different periods of time.

Suggested Citation

  • POPKOVA, Elena, 2014. "New Prospects Of Economic Growth In Context Of Underdevelopment Whirlpools Phenomena," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 14(1), pages 5-20.
    • Handle: RePEc:eaa:aeinde:v:14:y:2014:i:1_1
    as

    Download full text from publisher

    File URL: http://www.usc.es/economet/reviews/aeid1411.pdf
    Download Restriction: No.
    ---><---

    References listed on IDEAS

    as
    1. Guisan, M.C., 2009. "Government Effectiveness, Education, Economic Development And Well-Being: Analysis Of European Countries In Comparison With The United States And Canada, 2000-2007," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 9(1).
    2. Konstantins Benkovskis & Ludmila Fadejeva & Julia Wörz, 2013. "How Important Is Total Factor Productivity for Growth in Central, Eastern and Southeastern European Countries?," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 8-27.
    3. Findlay, Ronald, 1996. "Modeling Global Interdependence: Centers, Peripheries, and Frontiers," American Economic Review, American Economic Association, vol. 86(2), pages 47-51, May.
    4. Selden Thomas M. & Song Daqing, 1994. "Environmental Quality and Development: Is There a Kuznets Curve for Air Pollution Emissions?," Journal of Environmental Economics and Management, Elsevier, vol. 27(2), pages 147-162, September.
    5. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2012. "Investment, Poverty And Development In Asia-Pacific Countries: Econometric Models And Evolution, 2000-2010," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 12(1).
    6. Durlauf, Steven N. & Quah, Danny T., 1999. "The new empirics of economic growth," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 4, pages 235-308, Elsevier.
    7. Guisan, M.Carmen & Aguayo, Eva & Exposito, Pilar, 2001. "Economic growth and cycles: Cross-country models of education, industry and fertility and international comparisons," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 1(1), pages 9-37.
    8. Tornell, Aaron, 1997. "Economic Growth and Decline with Endogenous Property Rights," Journal of Economic Growth, Springer, vol. 2(3), pages 219-250, September.
    9. Jagdish Bhagwati, 1958. "Immiserizing Growth: A Geometrical Note," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 25(3), pages 201-205.
    10. Stern, Nicholas, 1989. "The Economics of Development: A Survey," Economic Journal, Royal Economic Society, vol. 99(397), pages 597-685, September.
    11. Christopher E.S. WARBURTON, 2012. "Globalization And Structural Change In The US Manufacturing Sector, 1987-2010," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 12(1).
    12. Scully, Gerald W, 1988. "The Institutional Framework and Economic Development," Journal of Political Economy, University of Chicago Press, vol. 96(3), pages 652-662, June.
    13. Rose D. Friedman, 1965. "Poverty: Definition and Perspective," Books, American Enterprise Institute, number 51389, September.
    14. GUISAN, Carmen & Neira, Isabel, 2006. "Direct and Indirect Effects of Human Capital on World Development, 1960-2004," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 6(1), pages 17-34.
    15. William MILES, 2011. "Financial Globalization And Inflation In Developing Countries: A Reappraisal," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 11(1).
    16. Findlay, Ronald, 1980. "The Terms of Trade and Equilibrium Growth in the World Economy," American Economic Review, American Economic Association, vol. 70(3), pages 291-299, June.
    17. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Elena Popkova & Tatiana Kozhevnikova & Elena Malyshkina, 2014. "Characteristic features of new quality of economic growth at the present stage in the context of globalization," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 8(2), pages 161-169, June.
    2. Irina A. Morozova & Elena G. Popkova & Tatiana N. Litvinova, 2019. "Sustainable development of global entrepreneurship: infrastructure and perspectives," International Entrepreneurship and Management Journal, Springer, vol. 15(2), pages 589-597, June.
    3. Elena Popkova & Oksana Chechina & Aleksandra Sultanova, 2016. "Structural and Logical Model of Contemporary Global Economic System," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 218-227.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. William Darity & Lewis S. Davis, 2005. "Growth, trade and uneven development," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 29(1), pages 141-170, January.
    2. GUISAN, Maria-Carmen & AGUAYO, Eva, 2011. "Women Participation, Quality Of Government And Economic Development In Europe, 2000-2007," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 11(1).
    3. Pulido San Román, A., 2003. "Desarrollo sostenible: un reto central para el pensamiento económico," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 21, pages 203-220, Agosto.
    4. Gimenez, G. & Sanau, J., 2009. "Investment, Human Capital and Institutions: A Multi-equational Approach for the Study of Economic Growth, 1985-2000," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 9(1).
    5. GUISAN, Maria-Carmen, 2017. "Manufacturing And Economic Development In The World For 2000-2015: Main Features And Challenges," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 26(3), pages 73-88.
    6. Doaa M. Salman & Eyad M. Atya, 2014. "What is the role of Financial Development and Energy Consumption on Economic Growth? New Evidence from North African Countries," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 3(1), pages 137-149, January.
    7. GUISAN, Maria-Carmen, 2015. "Selected Readings On Econometrics Methodology, 2001-2010: Causality, Measure Of Variables, Dynamic Models And Economic Approaches To Growth And Development," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 15(2), pages 213-220.
    8. Gregorio Jiménez & Jaime Sanaú, 2007. "The Desirability of Multi-equational Approaches for the Study of Economic Growth. An Empirical Evidence," Working Papers 02/07, Instituto Universitario de Análisis Económico y Social.
    9. Cosimo Magazzino & Marco Mele & Fabio Gaetano Santeramo, 2021. "Using an Artificial Neural Networks Experiment to Assess the Links among Financial Development and Growth in Agriculture," Sustainability, MDPI, vol. 13(5), pages 1-15, March.
    10. Sabyasachi Kar & Debajit Jha, 2021. "Divergent Policies for Convergence Clubs: A Study of PostReform Indian States," IEG Working Papers 449, Institute of Economic Growth.
    11. Cem Ertur & Thiaw Kalidou, 2005. "Growth and Spatial Dependence - The Mankiw, Romer and Weil model revisited," ERSA conference papers ersa05p660, European Regional Science Association.
    12. Grigorian, David A. & Martinez, Albert, 2000. "Industrial growth and the quality of institutions : what do (transition) economies have to gain from the Rule of Law?," Policy Research Working Paper Series 2475, The World Bank.
    13. Edward B. Barbier, 2003. "The Role of Natural Resources in Economic Development," Australian Economic Papers, Wiley Blackwell, vol. 42(2), pages 253-272, June.
    14. Helje Kaldaru & Eve Parts, 2008. "Social and institutional factors of economic development: evidence from Europe," Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, vol. 8(1), pages 29-51, October.
    15. Janice Tieguhong Puatwoe & Serge Mandiefe Piabuo, 2017. "Financial sector development and economic growth: evidence from Cameroon," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 3(1), pages 1-18, December.
    16. Asplund, Rita, 2004. "A Macroeconomic Perspective on Education and Inequality," Discussion Papers 906, The Research Institute of the Finnish Economy.
    17. Guzev, ?.?. & Ledeneva, ?.V. & Plaksunova, ?.?, 2018. "Main Tendencies In The Development Of Human Capital In The Russian Federation, 2011-2016," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 18(2), pages 55-72.
    18. M. Tariq Majeed & Ayesha Noreen, 2018. "Financial Development and Output Volatility: A Cross-Sectional Panel Data Analysis," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 23(1), pages 97-141, Jan-June.
    19. Rok Spruk & Mitja Kovac, 2018. "Inefficient Growth," Review of Economics and Institutions, Università di Perugia, vol. 9(2).

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eaa:aeinde:v:14:y:2014:i:1_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: M. Carmen Guisan (email available below). General contact details of provider: http://www.usc.es/economet/eaa.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.