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PITFALLS OF THE ECONOMIC GROWTH (Pulapki rozwoju gospodarczego)

100%
Chmielak A.
Optimum. Studia Ekonomiczne
|
2009
|
issue 4(44)
143-155
EN
The complexity of economic development processes causes that the level of diagnosis and interpretation of that growth is still unsatisfactory. Hence, it is not possible to precisely determine its course and probably the results of development processes. The accuracy of the development concept results from the complexity of the analysis of its determinants. Consequently, we can assume that a group of economic growth determinants in particular countries and during particular periods of time is initially determined by the institutional system whose individual elements are different in character, origin, premises and the rate of changes or decline, and the way in which they influence the process of development. Thus, the state as the main initiator of the institutionalization in the political and economic spheres and as the initial organization in the political structure and an indispensable subject in the economic sphere appears to be crucial.
2

FACTORS OF ECONOMIC GROWTH FROM A HISTORICAL PERSPECTIVE. REVIEW OF SELECTED ECONOMIC GROWTH MODELS (Czynniki wzrostu gospodarczego w ujeciu historycznym. przeglad wybranych modeli wzrostu gospodarczego)

100%
Piotrowska E.
Optimum. Studia Ekonomiczne
|
2010
|
issue 2 (46)
81-88
EN
The paper presents the analysis of factors determining the economic growth from time perspective and their presentation in selected models. Growth is an extremely complex term dependent on many conditions. That is why models describing it are based on many assumptions which, on the one hand, al- low making the analysis simpler but, on the other hand, are depicting only the 'closer image' of reality where just selected factors explain the process of growth. Taking into consideration only quantitative determinants is not enough to indicate the sources of economic development. Therefore, qualitative conditions are also included and are currently becoming the main object of growth generators re- search. Particular emphasis was placed on the supply models of growth to show evolution of the supply determinants.
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