2021
DOI: 10.1080/23322039.2021.1949133
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The relative choice over destiny in a country’s long-run economic growth and economic affluence

Abstract: This paper examines an in-depth and systematic review of why some nations are so rich, while others remain so poor taking into account temporal and spatial dynamics applied for economic growth covariants. Growth literature underscores direct and indirect causes for economic growth. Likewise, economic and noneconomic dynamics are thoroughly examined for countries' long-run economic growth and relative wealth accumulation. Endogenous growth theories emphasized that investment in human capital, innovation, and kn… Show more

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Cited by 2 publications
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“…A number of factors [14] that lead to GDP growth determine economic development, such as human resources, technological resources, physical capital, and natural resources. Additionally, physical capital or infrastructure supports trade and economic development, and natural resources can create dependence on other countries.…”
Section: Analysis Of the Media Economymentioning
confidence: 99%
“…A number of factors [14] that lead to GDP growth determine economic development, such as human resources, technological resources, physical capital, and natural resources. Additionally, physical capital or infrastructure supports trade and economic development, and natural resources can create dependence on other countries.…”
Section: Analysis Of the Media Economymentioning
confidence: 99%