 Recent Developments in Growth Theory and Their Implications for BangladeshNazrul Islam
Bangladesh Development Studies, 2001, vol. 27, issue 2, 1-67 Abstract: This paper reviews the recent developments in growth theory and discusses their implications for Bangladesh. It starts with an exposition of the Neoclassical Growth Theory (NCGT) and then presents several variants of the New Growth Theory (NGT). The paper identifies the unresolved issues of economic growth theory and highlights the implications of the growth theories for cross-country growth regularities. The paper next examines Bangladesh's growth record in the light of the recent growth discussion and identifies the areas of match and incongruities between the experience and the theories. The paper ends by drawing some lessons from the recent growth discussion for future growth efforts of Bangladesh Keywords: Economic growth theories; Economic growth models; Human capital; Trade development; Economic growth rate; Diminishing marginal returns; Capital investments; Production functions (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ris:badest:0414 Access Statistics for this article Bangladesh Development Studies is currently edited by Dr. Binayak Sen More articles in Bangladesh Development Studies from Bangladesh Institute of Development Studies (BIDS) E-17, Agargaon, Sher-E-Bangla Nagar, Dhaka 1207. Contact information at EDIRC. |
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