The Mosaic Of Economic Growth

Introd uction Ralph Landau, Timothy Taylor and Gavin Wright Part I. Overviews of Economic Growth and Development: 1. Convergence and deferred catch-up: productivity leadership and the waning of American exceptionalism Moses Abramovitz and Paul A. David 2. The sources of long-term economic growth: observations from the experience of developed and developing countries Lawrence J. Lau 3. World wealth expanding: why a rich, democratic, and (perhaps) peaceful era is ahead Henry S. Rowen Part II. The Macroeconomic Context: Stabilisation policy and long-term economic growth Sylvester J. Schieber and John B. Shoven 4. Science and technology investment and policy in the global economy A. Michael Spence Part III. International Exchange and Economic Growth: 5. Threats to 21st-century growth: the challenge of the international trading system Anne O. Krueger 6. Dollar and yen: the problem of financial adjustment between the United States and Japan Ronald I. McKinnon 7. An evolutionary parable of the gains from internation al organizational diversity Part IV. The Institutional Setting for Economic Growth: 8. Liability reforms and economic performance Thomas J. Campbell, Daniel P. Kessler, and George B. Shepherd 9. Uncertainty and technological change Nathan Rosenberg Part VI. Performance of Key Industries: 10. The Competitive crash in large-scale commercial computing Timothy F. Bresnahan and Shane Greenstein 11. Strategy for economic growth: lessons from the chemical industry Ralph Landau References Index.