Friday, December 26, 2008

Innovation and Growth in the Global Economy or Contesting Global Governance

Innovation and Growth in the Global Economy

Author: Gene M Grossman

Traditional growth theory emphasizes the incentives for capital accumulation rather than technological progress. Innovation is treated as an exogenous process or a by-product of investment in machinery and equipment. Grossman and Helpman develop a unique approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by forward-looking, profit-seeking agents.

Gene M. Grossman is Professor of Economics and International Affairs at Princeton University. Elhanan Helpman is Archie Sherman Professor of International Economic Relations at Tel Aviv University.



Read also Mastering Audio or Core Java Volume I

Contesting Global Governance: Multilateral Economic Institutions and Global Social Movements

Author: Robert OBrien

The contest to shape global governance is increasingly being conducted on a number of levels and among a diverse set of actors. This book argues that increasing engagement between international institutions and sectors of civil society is producing a new form of international organization. The authors study the relationship between the IMF, World Bank, and World Trade Organisation, and environmental, labor, and women's movements, providing a rich analysis of the institutional response to social movement pressure.



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