Secular Stagnation: An Introduction

Hareesh Kumar A G and Dr. Thomas Paul Kattookaran
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Hareesh Kumar A G: Research Scholar in Commerce, St Thomas College (Autonomous), Thrissur, Kerala, India.
Dr. Thomas Paul Kattookaran: Associate Professor and Head, Research Department of Commerce, St Thomas College (Autonomous), Thrissur, Kerala, India.

Indian Journal of Commerce and Management Studies, 2016, vol. 07, issue 3, 42-47

Abstract: This paper tries to establish empirical relevance for secular stagnation by analyzingthe population change in developed regions and economic growth. The study runs with the details of a sample of 7 developed countries. A high positive relationship exists between population growth in developed regions and world per capita gross national income. Low and middle income countries have to consistently and favorably approach growth rate in population and technological advancement that require more consistent policy level initiatives considering the future falls due to secular stagnation. JEL Classification: D14, D31, E20, E21, E50

Keywords: Secular Stagnation; Economic Growth; FDI; Digital India. (search for similar items in EconPapers)
Date: 2016
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