The Process of Economic Change
A good deal is known about what makes for successful economic development, but very little is known about how to get there - that entails an understanding of the process of economic change. The paper fist examines the sources of successful growth and then explores the process of dynamic change of economies. As to sources of growth, three fundamental factors are discussed : basic economic determinants, the institutional framework and the cultural heritage of society.
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|Date of creation:||1997|
|Contact details of provider:|| Postal: United Nations University; World Institute for Development Economics Research, Katajanokanlaituri 6B, 00160 Helsinki|
Web page: http://www.wider.unu.edu/
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