on back cover
This is a concise and reader-friendly introduction to the
principles of economic growth for students of economics and business. Gylfason examines
theoretical and empirical models of economic growth through examples and case studies
drawn from around the world and a trenchant analysis of classic thought in this area. The
influence of public policy on economic efficiency and growth is a key theme which
underpins this textbook's engagement with issues such as liberalization, stabilization,
privatization, and unemployment as well as technology, education, natural resources, and
- Accessible and jargon free, using non-technical language
- International analysis covers empirical material from
around the world
- Theory is directly related to economic history and public
- Chapter summaries and review questions are provided to aid
the student's learning
- 'Cast of characters' section gives brief biographical notes
on key historical figures
This book will be an ideal introduction to the topic for
students of economics and business studying courses in macroeconomic principles, open
economy macroeconomics, business and managerial economics, and international business.
Principles of Economic Growth is an exceptionally well-presented and lively guide to one
of the most exciting areas of recent economic analysis.
Thorvaldur Gylfason is Research Professor of Economics at
the University of Iceland in ReykjavÝk. He has been a frequent consultant to the
International Monetary Fund (IMF) and the European Free Trade Association (EFTA) and has
also worked for the European Commission in Brussels. His current research is mostly in the
field of economic reforms and growth.
Scandinavian Journal of Economics 102(4), 2000, pp. 751-753.