Abstract
This paper provides an examination of the economic growth and standard of living in South-East Asia. The area examined in this article is Malaysia. It is argued in this paper that although economic growth is very high, it is essentially unsustainable. The writer points out that unstable economic growth will lead to greater social problems.

From the Paper
"The recent history of Malaysia looks very promising. Economic growth and over all levels of prosperity appear to be increasing at a phenomenal rate. In Malaysia: The Rapidly Maturing Tiger Cub Joseph F. Coates states, "Malaysia is the single emerging Asian economy that...could likely develop into the next Asian `tiger' that is, move closer in technological mastery and high-tech production to the more developed NIEs"[newly industrialized economies], according to the recent National Science Foundation report, Asia's New High Tech Competitors ... "

Tags:economic, growth, development

Abstract
The following paper compares the GDP growth rates of Italy and the U.S. measures the level of financial development made by both the markets. Finally it examines whether the economy making higher growth with respect to financial development has made higher economic growth. The reason for choosing the Italian economy for comparison is that it is a lesser developed financial market as compared to the United States.

From the Paper
"There has been a lot of research already done on the issue of identifying a relationship between financial development and economic growth. The questions like does financial development spurs economic growth? To what extent does higher growth induce a reduction in the incidence of poverty? What can financial development contribute in reducing poverty? are continuously part of the economists debate. Generally it is believed that Economic growth is simply the result of refraining from current consumption. Within an economy, there are two general types of commodities. One are the consumption goods and the others are the capital goods. The consumption goods are for the purpose of general consumers use while capital goods are used for production of other commodities. When in an economy there is a lesser consumption of consumption goods by the households, a considerable part of the income is not spent and the result is in the form of positive net savings."

Tags:exchange, rate, volatilities, stock, market, size, bank, clearings, growth, indicators, GDP, capital, formation, data, measure, relationship, financial, development, economic, growth

Abstract
The paper discusses how economists have "long sought to understand the links between economic growth and income distribution" on macro and micro economic scales (Deininger & Squire, 1996). The paper explains that the common view amongst economists, according to Queen's University's Department of Economics Head Huw Lloyd-Ellis (2003), is that a trade-off always exists between equity and efficiency - that is, greater equality of income can only be achieved when lower productivity is in place (p. 65). The paper points out, however, that such views of the equality-growth relationship are somewhat traditional.

From the Paper
"Economists have "long sought to understand the links between economic growth and income distribution" on macro and micro economic scales (Deininger & Squire, 1996). The common view amongst economists, according to Queen's University's Department of Economics Head Huw Lloyd-Ellis (2003), is that a trade-off always exists between equity and efficiency - that is, greater equality of income can only be achieved when lower productivity is in place (p. 65). Such views of the equality-growth relationship, however, are somewhat traditional. Growing evidence seems to..."

Tags:economic, growth, inequality

Abstract
This paper examines the elements that determine why some developing countries have managed to achieve higher rates of economic growth in the post-Second World War period while others have stagnated in comparison. The paper tests several theoretical frameworks and models developed in order to see if these can explain the differences, and if not, why not.

Tags:globalization, economic growth, Kenya, Malaysia, developing nation, capitalism

Abstract
This paper explains the relationship between economic growth and economic inequality and includes information from several studies that have been written on this subject. The paper identifies all the factors that contribute to this inequality and explains that it can have both negative and positive influences on different markets depending on their status. In conclusion the author states that the relationship between inequality and economic growth does not manifest in the same manner in each country.

Outline:
Introduction
Economic Growth and Economic Inequality
Conclusions

From the Paper
''However, it is obvious that economic inequality can have negative or positive, direct or indirect effects on economic growth, and it also affects both developing and developed countries.
Also, there is a very clear distinction between old theories in the field and new, modern ones. Initial theories state that inequality generates economic growth. The theory is embraced by the republicans. They consider that inequality would help stabilize the economy in the financial and economic crisis and it would also help sustain the economy in the future. However, such theories are only partially supported or not supported at all by empirical findings.
''Modern theories agree upon the fact that a more equal economic situation would be more favorable for macro economies. The theory is supported by the democrats. Their opinion is based on the idea that it is better to help everyone in these circumstances generated by the financial crisis in order to diminish the income inequality between individuals.''

Tags:theories, growth, financial

Abstract
"The following discussion serves as a presentation that describes the importance of Foreign Direct Investment in today's society. The writer notes that it is anticipated that FDI is a key promoter of economic growth. However, upon examination of a complex regression analysis, the writer points out that it is expected that FDI does not provide considerable support for the advancement of a given economy.

From the Paper
"There are a number of critical issues related to Foreign Direct Investment (FDI) in today's economic world, and they provide many interesting perspectives regarding the influence of this strategy in the facilitation of economic growth and development. It is important to utilize a model that is primarily concerned with the utilization of FDI in less developed nations, where there is a greater desire for advancement and potential in a variety of economic settings. In order to identify the challenges of FDI, it is necessary to identify a number of statistical models for use, including the Augmented Dicky-Fuller test and the General Method of Moments model, which offer important indicators regarding the data related to FDI within the context of economic circumstances within different countries."

Tags:fdi, economy, growth

Abstract
The paper relates that it is common to imagine the Stone Age as a time of great privation, when so much time was spent on hunting food that there was no free time to do other things, such as create culture. The paper discusses how if that assumption was true, then the reasons for economic growth would be self-evident - it would have been spurred on by the need to escape from daily suffering and hours of endless hunting and gathering. However, the paper looks at how Sahlins disagrees with this view of the Stone Age, instead referring to it as the "original affluent society" (1). The paper discusses how he stipulates that his definition of an affluent society is "one in which all the people's material wants are easily satisfied" (1).

From the Paper
"It is common to imagine the Stone Age as a time of great privation, when so much time was spent on hunting food that there was no free time to do other things, such as create culture. If that assumption was true, then the reasons for economic growth would be self-evident - it would have been spurred on by the need to escape from daily suffering and hours of endless hunting and gathering. However, Sahlins disagrees with this view of the Stone Age, instead referring to it as the "original affluent society" (1). He stipulates that his definition of an affluent society is "one in which all the people's material wants are easily satisfied" (1). He goes on to..."

Tags:stone, age, economics

Abstract
Foreign direct investment (FDI) has increased rapidly over the past years, especially after the promotion of the International Monetary Fund (IMF) and World Bank. The aim of this paper is to examine whether there is a positive relationship between FDI and the economic growth in the Czech Republic, with special emphasis on technology and productivity spillovers. It focuses especially on two hypotheses, in the form of a case study. The first hypothesis is that technological and productivity spillover from FDI can lead to an increase in economic growth in the Czech Republic. The second hypothesis is that the Czech government can be an extra incentive for economic growth. Formulas show different solutions to different questions in economic growth. The paper discusses the Keynes' GDP model, the purchasing power parity (PPP), as well as Solow's total factor productivity (TFP) and multi factor productivity (MFP) and Cob-Douglas elastic growth equation, that includes technology development into the equation.

Outline
Chapter 1: Introduction
1.1 Economic Growth and FDI
Inflows to the Czech Republic
1.2 Introduction to Relevant Theoretic
And Empirical Studies
1.3 Research Aims and Objectives
1.4 Chapter Review
Chapter 2: Literature Review
2.1 FDI vs. Economic Growth
2.1.1 Technology and Productivity Spill Over
Transfers through FDI
2.1.2 Employment Creation:
2.1.3 Capital
2.1.4 Export
2.2 Other Factors vs. Economic Growth
2.2.2 Government Expenditure
2.2.3 Population Size
2.2.4 Openness
2.3 Conclusion
2.3.1 Role of the Literature in the Dissertation
Chapter 3 Methodology
3.1 Research Methodology Method:
H.1.1) There Has Been Economic
Growth in the Czech Republic.
H.1.2) Technology and Productivity
Spillovers Apply To The Czech Republic.
3.2 Conclusion
Chapter 4: Data
4.1 Data Collection
4.2 Data Analysis Keynes
GDP Equation
World Bank PPP Equation
Solow TFP Equation
Solow MFP Equation
Cob-Douglas Equation
Chapter 5: Conclusion
5.1.1 The First Objective Is To Give A
General Understanding of FDI
And Economic Growth
5.1.2 Second Is To Discuss According To A
Case Study Spillovers of FDI into the Czech Market
5.1.3 Thirdly, How the Czech Government
Can Be an Extra Incentive for Economic Growth
5.2 Boundaries and Constraints
5.3 Need for Further Research is Recognized

From the Paper
"Multinational companies (MNCs) find it profitable to invest abroad because they own specific assets, one of which is the multinational's access to better production technology. (Caves, 1996) The role of transaction costs in the development of MNCs is seen as very important by McManus. Transaction costs can arise when transferring goods and or services, which can be a lot of money that is not necessary. When a MNC invests in a foreign market it overcomes those costs. (McManus1987) The relation between income inequality in Local Domestic Companies (LDCs) and FDIs is seen as a generally positive by Tsai. (Tsai 1995)"

Tags:hypothesis, republic, spillover, technology

Abstract
This paper explains that the neoclassical growth model, also known as the Solow-Swan model, was considered the basis of any research on economic growth; however, the neoclassical model treated technological progress as an exogenous factor to the model, and this led to some puzzles that it could not answer. The author points out that the endogenous model that appeared in the 1980s stressed the importance of immaterial resources that had an impact on economic growth, resources such as human capital and R&D that improved technological progress and increased economic growth; the subsequent models that followed were included in the New Growth Theory trend and endogenized economic growth. The paper examines three cases of fiscal policy using government spending as growth determinants: increased government expenditures without raising taxes, tax reduction without reducing government expenditure, and increased government expenditure with constant taxes. Economic notation used.

Table of Contents
The Solow-Swan Neoclassical Growth Model
The New Growth Theory and Endogenous Models
Fiscal Policy and Government Spending as Growth Determinants
Literature Review

From the Paper
"We should take a closer look at these statements starting from the Cobb-Douglas production function Y = AKaL1-a. The idea is to endogenize the exogenous factor A. In order to do so, let's first write a Cobb-Douglas production function for each individual firm:
Yi = Ai Ki aLi 1-a. Concerned with the factor Ai, Arrows argued that this is represents knowledge and learning accumulated in the society throughout time with collective investments and is a common and free good to all firms. How is it accumulated? Arrow relates this accumulation to the aggregate capital in an economy by the function Ai = Gz,
where G signifies the capital accumulation, which will be used in a proportion equal to z by the firm. Following in the Cobb-Douglas individual production function, Yi = Gz Ki aLi 1-a. Note that in this equation, K, L and Y are individual firm-related, while G is economy wide, as we have agreed above. If we consider that at an aggregate level, G = K, then our equation becomes Y = K a+z L 1-a."

Tags:intertemporal, exogenous, endogenize, government, keynes

Abstract
The paper analyzes the causes of economic growth and its negative and positive effects in light of the statement that 'economic growth is not in the best interest of the population, at least not in the long term'. The writer relates that he partially agrees with the statement due to the negative long-term effects of economic growth, such as income inequality and negative effects on the natural environment. The writer also partially disagrees with the statement for he considers economic growth to have numerous advantages for the population that include technological, legal, educational and political advancements.

Outline:
Introduction
Economic Growth
Positive Effects of Economic Growth upon the People
Negative Effects of Economic Growth upon the People
Conclusions

From the Paper
"Economic growth is an extremely wide concept and it can be looked at from numerous perspectives. For once, it can be analyzed from a generalist stand point, meaning the economic growth of the world. This basically affects the population in the meaning that it will increase their living standards, but it will also generate an increased consumption of the globe's natural resources. Then, it can be divided into geographical regions and understood as the growth of a country in comparison to another country. This represents the gap between developed and less developed countries, which is generally deepened by further economic growth. Finally, it can be seen as the growth and development of a company within a national or international context."

Tags:income, inequality, poverty, prosperity, wealth, advancements