NEW THEORIES OF ECONOMIC GROWTH Cover Image

NOILE TEORII ALE CREŞTERII ECONOMICE
NEW THEORIES OF ECONOMIC GROWTH

Author(s): Cristina Ioana Vesea
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: new theory of economic growth; technological progress; innovation model; growth process; growth policy.

Summary/Abstract: At the base of the new theory of economic growth stands serious research and application of the results learned through practice, because previous results of the research and learnings , led to the discovery of valuable new ideas, that make the sistem thus built to generate new experiments. The key of economic progress is represented by the maximum generated by these experiments. None the less, we must not neglect the institutional changes that can favor or not the structural changes, even the institutions being tributary to inovations. In the absence of some institutional inovations, like social protection, the private corporations could lead to a blockage for the majority of companies, wich makes the development of modern economy impossible.

  • Issue Year: 19/2009
  • Issue No: 4
  • Page Range: 323-331
  • Page Count: 9
  • Language: Romanian
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