New Avenues in Development Economics: Identifying the Determinants of Economic Shrinking
Recently there has been a revision of longstanding ideas in development economics. Studies have shown that it is not so much increases in growth rates which cause long-term economic development, but rather decreases in shrinking rates, alongside a reduced frequency of shrinking. This paper reviews two theories of economic shrinking, one based on 5 social capabilities and the other based on 4 dimen
