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-shen ( 2013 ). Urbanization, economic growth mechanism of action in Fujian Province . Urban Problems , ( 5 ), 57 – 61 . Chou Juan

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): Financial Systems, Economic Growth and Globalisation. NBER Working Papers, 8323, June. Financial Systems, Economic Growth and Globalisation

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. ( 2010 ): The Role of Domestic Debt Markets in Economic Growth: An Empirical Investigation for Low-Income Countries and Emerging Markets . IMF Staff Papers , 57 ( 1 ): 209 – 255

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) from foreign sources. Such policy leaves more money in the hands of domestic private sector, facilitating higher level of savings and investment, which is beneficial for economic growth. Let us now turn to a more realistic situation, with r D > 0 . In

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Al-Faris, A. F. (2002): Public Expenditure and Economic Growth in the Gulf Cooperation Council Countries. Applied Economics , 34: 1187–1193. Al-Faris A. F

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economic crisis and to achieve a sustainable economic recovery. Under the current economic conditions, any country, including the developing countries, succeeds to maintain a stable and sustainable economic growth rate, and the unfavorable economic

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Is globalization a driver of economic growth and social development?

A cross-national, quantitative perspective on current, pro-globalist strategies of the European Union

Society and Economy
Author: Arno Tausch

’ 1998 Barro, R. J. (1991): Economic Growth in a Cross Section of Countries. Quarterly Journal of Economics 106(2): 407

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project ECO2011-29314-C02-02. References Bajo-Rubio , O. ( 2012 ): The Balance-of-Payments Constraint on Economic Growth in a Long

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aggregate economic growth, with their impacts on the distribution of income. Striving for fairness in income distribution is crucial for societies to be stable and for citizens not to feel disenchanted. The concept of ‘inclusive growth’ provides a conceptual

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Contribution of Marketization on China’s Economic Growth . Economic Research Journal, 9. (in Chinese). Fan , G. – Wang , X. – Zhu , H. ( 2003 a): Marketization Index of China by

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