The Economic Basis of Peace: Linkages between Economic Growth and International Conflict

By William H. Mott IV | Go to book overview

Appendix I: On Growth Processes

Many modern economists and officials, and some political analysts, use interchangeably the terms "growth" and "development" to refer not only to any increase in national wealth or income (economic growth), but also to technological progress, improvements in productivity, spread of industrialization, changes in economic structure, or socio-political shifts toward liberal democracy (development). More or less of any of these attributes can position a country, economy, or polity in some hierarchy or typology of modernity as more or less developed. A more analytical style restricts the term growth to an economic context in referring to "incremental increases (or expansions) in the levels, quantities, or sizes of particular variables relevant to the processes, issues, and outcomes under scrutiny."1 Thus, in the conventional context of national development, static growth would reflect increases in economic variables with little or no related national development; dynamic growth would involve increases in economic variables with significant parallel development. In a context of development economics, the hypothesis of disjunction of growth would suggest differences in levels of international conflict with some relationship to differences in national development.

In developing a structural model of the growth process, Hollis Chenery and Moises Syrquin expanded Kuznets' insight about a relationship between economic growth and structural change. Using their multidimensional approach to structural analysis they analyzed the process of growth across countries and over time. Chenery and Syrquin achieved results that replicated Kuznets' observations indicating "a period of accelerated structural change . . . followed by a deceleration,"2 and introduced trade and human capital as objective, analytic elements of growth. 3

Expanding Kuznets' earlier concepts they used the term "development" to encompass the two processes of economic growth and structural change operating in parallel. Predicting that growth brought structural change (which could readily be measured with well-known demographic and economic

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The Economic Basis of Peace: Linkages between Economic Growth and International Conflict
Table of contents

Table of contents

  • Recent Titles in Contributions in Economics and Economic History ii
  • Title Page iii
  • Contents v
  • Preface vii
  • Acknowledgments xi
  • 1 - Introduction 1
  • Notes 6
  • 2 - Historical Perspectives 9
  • Notes 30
  • 3 - Theoretical Approaches 37
  • Notes 97
  • 4 - An Empirical Approach 107
  • Notes 164
  • 5 - A Quandary and a Conjecture 171
  • Notes 188
  • 6 - What It All Means 193
  • Notes 229
  • Appendix A: On Economic Stagnation 237
  • Notes 238
  • Appendix B: On the Three Traditions 239
  • Notes 240
  • Appendix C: On Long Waves 241
  • Notes 243
  • Appendix D: On Foreign Investment 244
  • Note 245
  • Appendix E: On Division of Labor 246
  • Notes 246
  • Appendix F: On Alternative Economies 248
  • Notes 249
  • Appendix G: On Protoindustrialization 251
  • Notes 252
  • Appendix H: On Confidence Levels 253
  • Note 254
  • Appendix I: On Growth Processes 255
  • Notes 256
  • Appendix J: On Static Models 257
  • Appendix K: On Defense of Realism 259
  • Notes 260
  • Appendix L: On Growth Strategies 261
  • Appendix M: On Dualism and Growth 262
  • Notes 265
  • Appendix N: On Lawlike Regularities 267
  • Notes 269
  • Bibliography 271
  • Author Index 289
  • Subject Index 293
  • About the Author 305
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