A Model of the History of Demographic-Economic Growth

Author(s):  
Gunter Steinmann
Keyword(s):  
1978 ◽  
Vol 38 (3) ◽  
pp. 650-680 ◽  
Author(s):  
Lars G. Sandberg

The article sketches the history of Swedish commercial banking from 1656 until World War I, with special attention to the post-1850 period. Emphasis is placed on the relationships between economic growth and banking. International comparisons based on the quantitative measures developed by Rondo Cameron and Raymond Goldsmith are made. It is concluded that at all stages of its early industrialization Sweden had a remarkably large and efficient banking system. This, in turn, was largely the result of the general population's long experience with banking and paper money and their generally high levels of literacy and education.


2013 ◽  
Vol 5 (1) ◽  
pp. 36-50 ◽  
Author(s):  
F. Mckay

In this paper a paradox is revealed in the politics of well-being over the means and ends of happiness. That paradox, in brief, is that although happiness is argued to be the ultimate end of all governmentality, in order to serve as that end, it first needs to be translated into a means for bolstering the economy, for only that way can a teleology of happiness gain a foothold in a world which prioritizes economic growth as an end in itself. To show this the paper gives a history of subjective well-being (SWB) research, and contrasts it with the politics of happiness in the UK, where SWB has in the past decade been translated into a discourse around the psychological wealth of the nation via the concepts of mental capital (MC) and mental well-being (MWB).


2021 ◽  
pp. 249-277
Author(s):  
Jakkie Cilliers

AbstractCilliers starts by exploring the modern history of international trade and the importance of trade to economic growth and global cooperation. The chapter then provides an overview of Africa’s trading partners, the need for greater regional integration in the continent and the challenges to achieving intra-regional cooperation. It examines the need to improve the quality of governance, bridge the infrastructure deficit and eventually focus on a manufacturing-led growth path. Reducing both tariff and non-tariff barriers could facilitate the successful implementation of African Continental Free Trade Area (AfCFTA), induce economic growth, increase per capita incomes and reduce poverty. A penultimate section models the potential impact of the AfCFTA on growth, poverty reduction and increased average incomes.


1969 ◽  
Vol 29 (4) ◽  
pp. 633-656 ◽  
Author(s):  
Allen C. Kelley

For many Western countries the history of the last two centuries reveals both a sustained rise in per capita output and a tendency toward a more equal distribution of the economic product. The experience has been characterized, however, by repetitive fluctuations in the levels and growth rates of aggregate production and its components. The length of the shorter of these fluctuations, the business cycle, ranges from the 40- to 45-month inventory cycle to the so-called Juglar of seven to ten years. Two other classes of interruptions in the secular trend have also been singled out for study by economic historians. The first is the Kondratieff cycle, a movement of roughly fifty years which has been primarily identified in price series. The second is the Kuznets cycle, or “long swing,” which in length is between the Juglar and the Kondratieff. The long swing constitutes the primary theme of this study.


Author(s):  
Eiko Maruko Siniawer

Affluence of the Heart explores the many and various ways in which waste—be it of time, stuff, money, possessions, and resources—was thought about in Japan from the immediate aftermath of devastating war to the early twenty-first century.It shows how questions about waste were deeply embedded in the decisions of the everyday and shaped by the central forces of postwar Japanese life from economic growth and mass consumption to material abundance and environmentalism.What endured from the late 1950s onward was a defining element of Japan’s postwar experience: the tension between the desire to achieve and defend the privileges of middle-class lifestyles made possible by affluence, and the discomfort and dissatisfaction with the logics, costs, and consequences of that very prosperity. This tension complicated the persistent search in these decades for what might be called well-being, happiness, or a good life. Affluence of the Heart is a history of how people lived—how they made sense of, gave meaning to, and found value in the acts of the everyday.


2021 ◽  
pp. 110-134
Author(s):  
Kenneth Creamer

This chapter analyses the drivers and constraints on the rate of economic growth in South Africa from the 1950’s apartheid-era through to the democratic period post-1994. Key structural factors identified as impacting on the rate and composition of economic growth include the country’s history of racial injustice and exclusion, its industrial structure and linkages to the global commodity price cycle, the evolution of macroeconomic imbalances and related infrastructure investment failures, and the impact of weak state capacity and corruption. Thereafter, the chapter outlines a number of strategic policy interventions for overcoming constraints to inclusive economic growth in South Africa.


2021 ◽  
pp. 46-65
Author(s):  
Bill Freund ◽  
Vishnu Padayachee

This chapter addresses the unfolding economic history of South Africa in the apartheid era (1948–94). The chapter is organized according to a periodization with 1971–73 as a marker of the break, and along specific thematic lines. These include a discussion of the way in which this history has been studied and through what theoretical lenses, before engaging with the main issues, including the impact of Afrikaner nationalism on economic growth, the way in which the minerals energy sector, which dominated early perspectives of South African economic history and perspectives, is impacted in this era of National Party rule. An analysis of the role of one major corporation (Anglo American Corporation) in shaping this economic history is followed by an assessment of the impact of the global and local crisis after c.1970 on the South African economy. An abiding theme is that of race and economic development and the way in which the impact of this key relationship of apartheid South Africa on economic growth has been studied.


1983 ◽  
Vol 11 (3) ◽  
pp. 17-19
Author(s):  
D. Broadbent

The 1980 National Aboriginal Education Conference went on record as saying it saw that as an ‘area of concern’ history textbooks on Aborigines are racist.Australians’ economic history is racist in that standard economic texts do not discuss Aborigines at all, or mention them only peripherally.The economic history of Australia is usually written from one or two perspectives, both European. The first involves the flow of external capital, labour and entrepreneurship into what was essentially an empty land awaiting exploitation. This has led to emotive pictures of Australia’s economic development in terms of hardy pioneers driving sheep and cattle into remote parts, and hard-working men clearing land for crops, both groups subject to the usual environmental hazards of droughts, floods and natives.The second view has led to the picture of the country riding on the sheep’s back. In economic terms this meant that the profits earned by wool exports (and later gold) generated capital within the country for economic expansion. This is the Staple theory of economic growth. Neither viewpoint takes into account the Aboriginal people. Nor could they, because they are theories of Capitalism, and nineteenth century Capitalism did not have a human face. The profit motive was supreme. Aborigines were not seen as being at all useful to the process of economic growth once it had got under way.Up to a point, however, the Aborigine was useful. He could guide settlers and explorers across inhospitable landscapes and lead them to water. Having done this, he had outlived his usefulness and was hounded to the edges of the new economic landscape – to extinction in many places.


Author(s):  
Cynthia McClintock

Since Peru’s independence in 1824, politics in the country have been turbulent. Repeatedly, democracy was attempted but not sustained. Between 1919 and 2000, no Peruvian political regime—either democratic or authoritarian—endured more than 12 years. Scholars agree that the primary reason for Peru’s history of political turbulence was the severity of its overlapping ethnic, class, and geographical cleavages. Peru’s renowned novelist Mario Vargas Llosa wrote that the country was “an artificial gathering of men from different languages, customs, and traditions whose only common denominator was having been condemned by history to live together without knowing or loving one another.” However, in the 21st century, cleavages have attenuated and the possibility of a cohesive nation emerged. Peru has been democratic for more than 18 years—longer than ever before. With one-person, one-vote elections, political violence has been rare and economic growth rapid. However, Peru’s economic growth has been based heavily on mining and other extractive industries, and it is not clear that cleavages have attenuated sufficiently for democracy to be consolidated. In addition, democracy is challenged by bitter legacies from the 1980s–1990s conflict with the Shining Path guerrillas and the 1990–2000 authoritarian government of Alberto Fujimori. Further, in 2017–2018, it was all too apparent that Peru’s political and economic elites remain complicit in corrupt global financial networks.


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