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Openness and Growth: Proceedings of the Bank of England Academic Conference on the Relationship Between Openness and Growth in the United Kingdom

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Openness and Growth: Proceedings of the Bank of England Academic Conference on the Relationship Between Openness and Growth in the United Kingdom (Paperback)

by James Proudman (Editor), Stephen Redding (Editor)

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Product details

Paperback: 326 pages
Publisher: Bank of England (Oct 1998)
Language English
ISBN-10: 1857301269
ISBN-13: 978-1857301267
Product Dimensions: 24 x 16.6 x 1 cm
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Amazon.co.uk Sales Rank: 3,198,638 in Books (See Bestsellers in Books)

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Product Description

Book Description
This book investigates the link between productivity growth and international openness. Is there a positive link? If so, to what extent does that reflect the openness of the economy to international trade, to flows of financial capital and to flows of knowledge through the transfer of technology and research and development? The empirical evidence of a positive link is persuasive. Countries that are more open to international forces have tended to grow more quickly. And sectors of the UK economy most exposed to international developments have also tended to grow faster. The book is the proceedings of an conference held at the Bank of England in autumn 1997, and includes contributions from a number of international experts in the field of openness and growth.

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