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From universalism to individualism: New approaches to economic growth analysis
https://doi.org/10.32609/0042-8736-2019-11-108-126
Abstract
This paper examines the evolution of academic and applied approaches to analyze the problem of economic growth since the mid-XX century. For quite an extended period of time, these views were corresponding to universalist economic policies taking no adequate account of particularities and limitations that a certain catching-up economy embodied. New approaches analyzing the problems of economic growth, on the contrary, individualize growth diagnostics, structural transformation and the organization of reforms processes for the emerging economies. We argue that individualist approaches might be potentially more effective than the universalist ones for solving the problem of slow economic growth.
About the Author
Ivan L. Lyubimov
Russian Presidential Academy of National Economy and Public Administration
Russian Federation
Russian Federation
Moscow
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For citations:
Lyubimov I.L. From universalism to individualism: New approaches to economic growth analysis. Voprosy Ekonomiki. 2019;(11):108-126. (In Russ.) https://doi.org/10.32609/0042-8736-2019-11-108-126
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