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Creating a learning society, a new approach to growth, development, and social progress, Joseph E. Stiglitz and Bruce Greenwald

eng

Includes bibliographical references and index

index present

non fiction

Creating a learning society

electronic resource eBook

bibliographydictionaries

Joseph E. Stiglitz and Bruce Greenwald

Ebook Library EBLKenneth J. Arrow lectures series

a new approach to growth, development, and social progress

It has long been recognized that most standard of living increases are associated with advances in technology, not the accumulation of capital. Yet it has also become clear that what truly separates developed from less developed countries is not just a gap in resources or output but a gap in knowledge. In fact, the pace at which developing countries grow is largely determined by the pace at which they close that gap. Therefore, how countries learn and become more productive is key to understanding how they grow and develop, especially over the long term. In Creating a Learning Society, Josep

Table of Contents; Preface; Acknowledgments; Introduction; Part 1: Creating a Learning Society: A New Paradigm for Development and Social Progress: Basic Concepts; 1. The Learning Revolution; 2. On the Importance of Learning; 3. A Learning Economy; 4. Creating a Learning Firm and a Learning Environment; 5. Market Structure, Welfare, and Learning; 6. The Welfare Economics of Schumpeterian Competition; Part 2: Analytics; 7. Learning in a Closed Economy-the Basic Model; 8. A Two-Period, N-Good Model with Endogenous Labor Supply; 9. Learning with Monopolistic Competition10. Long-Term Growth and Innovation11. The Infant-Economy Argument for Protection: Trade Policy in a Learning Environment; Part 3: Policies for a Learning Society; 12. The Role of Industrial and Trade Policy in Creating a Learning Society; 13. Financial Policy and Creating a Learning Society; 14. Macroeconomic and Investment Policies for a Learning Society; 15. Intellectual Property; 16. Social Transformation and the Creation of a Learning Society; 17. Concluding Remarks; Part 4: Commentary and Afterword; 18. Introductory Remarks for the First Annual Arrow Lecture, by Michael Woodford19. Further Considerations, by Joseph E. Stiglitz and Bruce C. Greenwald20. Commentary: The Case for Industrial Policy, by Philippe Aghion; 21. Commentary, by Robert Solow; 22. Commentary, by Kenneth Arrow; Afterword: Rethinking Industrial Policy, by Philippe Aghion; Notes; References; Notes on Contributors; Index