Theories of economic growth

Table of content
Introduction 3
1. Theoretical foundations of economic growth 4
1.1. The main definitions of the economic growth 4
1.2. Theories of economic growth 5
1.2.1. Keynesian theory of economic growth 5
1.2.2. Neoclassical models of economic growth 7
1.2.3. New Institutional Economic Theory 10
2. Statistical analysis of economic growth indicators 12
2.1. Statistical analysis of the dynamics and structure of economic growth indicators 12
Introduction
During the global crisis, questions about what constitutes the phenomenon of economic growth, how common approaches to modeling growth reflect the actual mechanism of its formation, what is the ratio between the phenomena of economic growth and recession, growth and cycle, acquire not only theoretical but also practical significance.
The cyclic picture of the evolution of the economy to some extent opposes the theory of economic growth. However, the instability of the economy in the last twenty years of the twentieth century and at ...