Found 2 article(s) for author 'Industrialized economies'

Why is Growth better in the United States than in other Industrial Countries

Why is Growth better in the United States than in other Industrial Countries. Martin Feldstein, March 2017, Paper, “Although the official statistics imply that the rate of growth of real GDP in the United States has declined in recent years, it has still been substantially higher than the real growth rates in Europe and the other industrial countries, leading to higher real per capita incomes. This paper discusses ten reasons for the higher rate of real economic growth.Link

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The Outlook for Emerging Economies

The Outlook for Emerging Economies. Dale Jorgenson, May 26, 2016, Paper, “According to the authoritative estimates of Angus Maddison, the United States was the world’s largest economy throughout the twentieth century.(Angus, 2001) International economic cooperation among the world’s industrialized countries began to take its contemporary form with the formation of the G7 in 1975 and 1976. The G7 includes the U.S., the four major European countries–France, Germany, Italy, and the U.K–as well as Canada and Japan. During most of the twentieth century a fundamental transformation of the world economy seemed a remote and unlikely prospect. However, in the twenty-first century the balance of the world economy is shifting from the industrialized economies, led by Europe, Japan, and the United States, to the emerging economies of Asia, especially China and India. The massive shift in the world economy is generating a new world order …Link

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