Growth, Development and Innovation in N. Georgescu-Roegen’s Thought (with a case study: The ‘Bank of the Poor’)
The first part of this paper illustrates the point of view of Nicholas Georgescu Roegen (=GR) on the subject of growth, development and innovation. Some of the criticisms levelled at this approach are then considered, while presenting some arguments in favour. The Appendix reports a successful experiment carried out by one GR’s best pupils with a view to enhancing development in Bangladesh, one of the poorest and least fortunate countries in the world.
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Volume (Year): 52 (1999)
Issue (Month): 4 ()
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