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Economy`s Tension - George Mason University
Economy`s Tension - George Mason University

... from economics, political economy and other disciplines. I shall not review all these intellectual legacies, however a range of writers from Aristotle, to Marx, Weber, Polanyi, and Veblen, as well as neoclassical and “marginal” economists and a few philosophers, has influenced me. The issues overflo ...
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... and at the upper end are the miraculous East Asian Tiger Economies who have doubled their income in a decade or less since the beginning of the 1960s. How can we explain these di¤erences in performance? In this paper we highlight an empirical feature that has been somewhat overlooked in the existing ...
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Development economics



Development economics is a branch of economics which deals with economic aspects of the development process in low-income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health and education and workplace conditions, whether through public or private channels.Development economics involves the creation of theories and methods that aid in the determination of policies and practices and can be implemented at either the domestic or international level. This may involve restructuring market incentives or using mathematical methods such as inter-temporal optimization for project analysis, or it may involve a mixture of quantitative and qualitative methods.Unlike in many other fields of economics, approaches in development economics may incorporate social and political factors to devise particular plans. Also unlike many other fields of economics, there is no consensus on what students should know. Different approaches may consider the factors that contribute to economic convergence or non-convergence across households, regions, and countries.
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