Review of Easterly ’ s The Elusive Quest for Growth 1

  title={Review of Easterly ’ s The Elusive Quest for Growth 1},
  • Published 2002
All-encompassing hypotheses concerning the sources of economic growth periodically surface, and with the support of adequately chosen crosscountry correlations, enjoy their fifteen minutes of fame. Over the last few decades, the list of proposed panaceas for growth in per-capita income has included high rates of physical-capital investment, rapid human-capital accumulation, low income inequality, low fertility, being located far from the equator, a low incidence of tropical diseases, access to… CONTINUE READING
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