Economic development and trade in the world economy: Introducing WorldScan

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Chapter 8 in Knowledge, Inequality and Growth in the New Economy, 2003, pp 273-300 from Edward Elgar Publishing

Abstract: During the past two centuries, major technological breakthroughs such as the steam engine and electricity have acted as the catalysts for growth and have resulted in a marked increase in material well-being. The dominant technology today – information and communication technology (ICT) – does not seem to drive growth as effectively and has coincided with an apparent increase in wage inequality. This book provides explanations of these two characteristics of modern economies and analyses them from both an individual and integrated perspective.

Keywords: Economics and Finance; Innovations and Technology (search for similar items in EconPapers)
Date: 2003
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