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来源类型Working Paper
规范类型报告
DOI10.3386/w11125
来源IDWorking Paper 11125
RECONSIDERING EXPECTATIONS OF ECONOMIC GROWTH AFTER
Robert W. Fogel
发表日期2005-02-14
出版年2005
语种英语
摘要At the close of World War II, there were wide-ranging debates about the future of economic developments. Historical experience has since shown that these forecasts were uniformly too pessimistic. Expectations for the American economy focused on the likelihood of secular stagnation; this topic continued to be debated throughout the post-World War II expansion. Concerns raised during the late 1960s and early 1970s about rapid population growth smothering the potential for economic growth in less developed countries were contradicted when during the mid- and late-1970s, fertility rates in third world countries began to decline very rapidly. Predictions that food production would not be able to keep up with population growth have also been proven wrong, as between 1961 and 2000 calories per capita worldwide have increased by 24 percent, despite the doubling of the global population. The extraordinary economic growth in Southeast and East Asia had also been unforeseen by economists.
主题Development and Growth ; Development
URLhttps://www.nber.org/papers/w11125
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/568762
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Robert W. Fogel. RECONSIDERING EXPECTATIONS OF ECONOMIC GROWTH AFTER. 2005.
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