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Growth poles and multipolarity

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  • Adams-Kane, Jonathon
  • Lim, Jamus Jerome

Abstract

This paper develops an empirical measure of growth poles and uses it to examine the phenomenon of multipolarity. The authors formally define several alternative measures, provide theoretical justifications for these measures, and compute polarity values for nation states in the global economy. The calculations suggest that China, Western Europe, and the United States have been important growth poles over the broad course of world history, and in modern economic history the United States, Japan, Germany, and China have had prominent periods of growth polarity. The paper goes on to analyze the economic and institutional determinants, both at the proximate and fundamental level, that underlie this measure of polarity, as well as compute measures of dispersion in growth polarity shares for the major growth poles.

Suggested Citation

  • Adams-Kane, Jonathon & Lim, Jamus Jerome, 2011. "Growth poles and multipolarity," Policy Research Working Paper Series 5712, The World Bank.
    • Handle: RePEc:wbk:wbrwps:5712
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    References listed on IDEAS

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    1. Shireen AlAzzawi, 2011. "Multinational Corporations and Knowledge Flows: Evidence from Patent Citations," Economic Development and Cultural Change, University of Chicago Press, vol. 59(3), pages 649-680.
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    Cited by:

    1. Justin Yifu Lin & David Rosenblatt, 2012. "Shifting patterns of economic growth and rethinking development," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 15(3), pages 171-194, September.
    2. Mehmet BARAN & Sýtký SÖNMEZER & Abdülvahid UÇAR, 2015. "Estimating Financial Trends by Cubic B-Spline Fitting via Fisher Algorithm," Turkish Economic Review, KSP Journals, vol. 2(1), pages 20-25, March.
    3. repec:sph:rjedep:v:2:y:2017:i:6:p:6-13 is not listed on IDEAS
    4. Edith Mihaela DOBRESCU, 2016. "Sustainable Development Through Growth Poles," THE YEARBOOK OF THE “GH. ZANE” INSTITUTE OF ECONOMIC RESEARCHES, Gheorghe Zane Institute for Economic and Social Research ( from THE ROMANIAN ACADEMY, JASSY BRANCH), vol. 25(1), pages 33-40.

    More about this item

    Keywords

    Economic Theory&Research; Achieving Shared Growth; Economic Growth; Population Policies; Currencies and Exchange Rates;

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