Essay: Why Do Countries Grow At Different Rates

The fundamental question in economic growth that has preoccupies researchers is why do countries grow at different rates. The empirical growth literature has come up with numerous explanations of cross-country difference in growth, including factor accumulation, resource endowments, and the degree of macroeconomic stability, educational attainment, institutional development, legal system effectiveness, international trade, and ethnic […]

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Essay: The Influence of the Economy on the policy of the UK Government

The UK economy has undergone structural, financial, and political change over the last thirty years. Different ideologies and policies have served to shape the relationship between government and economy in varying directions. Some elements, such as state intervention, have remained as a point of debate. Other factors, like globalization, have just recently developed. The policy […]

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