World Economic Growth

In This Review

World Economic Growth

Edited by Arnold C. Harberger
Institute for Contemporary Studies Press, 1984
508 pp. $22.95
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Five developed and seven developing-but sometimes backsliding-countries are examined by separate authors who look at the links between different sets of policies and "episodes" of growth or stagnation or decline. Trade liberalization, fiscal and monetary moderation, attention to human capital and limits on government intervention are generally approved, but there are important variations in the experience of different countries. This is a valuable addition to the debate about growth and development.