This concise yet insightful sequel to the highly acclaimed The Nature of Economic Growth provides a comprehensive critique of both old and new growth theory, highlighting the importance of economic growth for reducing poverty. A.P. Thirlwall illustrates that orthodox growth theory continues to work with 'one-good' models and to treat factor supplies as exogenously given, independent of demand. Orthodox trade theory still ignores the balance of payments consequences of different patterns of trade specialisation when assessing the welfare effects of trade. The author goes on to present theory underpinned by up-to-date empirical evidence that factors of production and productivity growth are endogenous to demand, and that the structure of production and trade matter for the long-run growth performance of countries because of their impact on the balance of payments. He concludes that trade liberalisation has proved disappointing in improving the trade-off between growth and the balance of payments. This book will provide a challenging read for students and academics in the fields of economics, heterodox economics, and development. Policymakers focussing on the relationship between growth, trade and the balance of payments will also find the book to be of great interest.
Resources starting at page 49 are from experts who have experience in the use of projects. Those projects can be displayed in portfolios.This presentation is available in person. Call (954) 646 8246 and we'll show you what your teachers could do with their students. If you prefer, we can guide your teachers by phone...no charge. The aim is to get more schools using portfolios. Free ebook TinyURL.com/sunportfolios5Tony Wagner (Harvard University, author of books about innovations in education) put it simply: The world doesn't care about what students know. It wants to see what students have done with what they have learned.Students at High Tech High put their work on display. Your school could do better: Add links to video presentations by your students explaining their work. I want to hear the students at High Tech High describing the process that they went through. Their portfolios are flat, two-dimensional, and static. Even the best digital portfolios simply sit there on the screen, waiting to be read. Why not add a video link so that future employers and college admission officers can hear the voices of your students? Why not "one-up" the High Tech High standard for Digital Portfolios?We look forward to searching your school's website and finding a link to Digital Portfolios ("a list of websites made by our students")We want to see what your teachers and students do with this idea. You can get this book summarized on YOUTUBE by going to TinyURL.com/sunTonyWagner
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