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European modern economic growth

dc.contributor.authorNunes, Ana Bela
dc.contributor.authorValério, Nuno
dc.date.accessioned2011-01-19T14:48:49Z
dc.date.available2011-01-19T14:48:49Z
dc.date.issued2010
dc.description.abstractOver the last two centuries, both population and production grew and economic activities were deeply changed. Simon Kuznets summarized this process under the label of 'modern economic growth'. meaning a new economic period characterized by a huge sustained increase in the average standards of living. The first section of this text will consist of a general overview of the main quantitative and qualitative aspects of this process. But, of course, goods and services are produced to satisfy human needs. Thus, we must know how these increased amounts of goods and services were used. This will be the subject of the bulk of the text. We shall review the different components of demand — final consumption and investment; private demand and public demand — and the determinants of their relative proportions, absolute growth and composition. However. contemporary economies do not exist without foreign relations. Foreigners provide goods and services for domestic use and also buy part of domestic production. The study of foreign trade leads to the study of European relations with the rest of the world and their influence on the spread of modern economic growth. This will be the subject of the last section of this text.
dc.identifier.citationNunes, Ana Bela e Nuno Valério. 2010. "European modern economic growth". Instituto Superior de Economia e Gestão – GHES - Série Textos de Apoio/ Teaching Text Serie, nº 1-2010por
dc.identifier.urihttp://hdl.handle.net/10400.5/2822
dc.language.isoengpor
dc.publisherISEG - GHESpor
dc.relation.ispartofseriesGHES - Série Textos de Apoio/ Teaching Text Serie, nº 1/ 2010
dc.subjectEconomic and Social History
dc.subjectPopulation
dc.subjectEconomic Activities
dc.subjectEmployment
dc.subjectHuman Resources
dc.subjectForeign Trade
dc.subjectEconomic Growth
dc.subjectEurope
dc.titleEuropean modern economic growthpor
dc.typeworking paper
dspace.entity.typePublication
rcaap.rightsopenAccesspor
rcaap.typeworkingPaperpor

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