Capital Accumulation and Economic Growth in a Small Open Economy Paperback (The CICSE Lectures in Growth and Development) - Softcover

Review of the hardback: 'The literature on economic growth has produced a number of models to explain the determinants of the long-run rate of growth. Turnovsky provides an excellent survey of these models, with an emphasis on the implications of the various models for the long-run effects of fiscal policies in a small open economy. This book is an important contribution to the understanding of the dynamic effects of macroeconomic policy by one of the leaders in the field.' Eric Bond, Vanderbilt University

Review of the hardback: 'All you need to know about the rigorous analysis of growth, labor supply, and capital accumulation in small open economies with plenty of policy-relevant results on engines of growth, productive government spending, and taxation. The discussion of foreign aid in two-sector models is especially relevant for developing economies.' Rick Van Der Ploeg, University of Oxford