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Economic Growth

  • Zhenying Wang
Chapter

Abstract

One of the main tasks of economics is to understand the nature of economic growth, and find the key elements guiding economic growth. Today, the main task facing human society is still to develop the economy. As the institutional economist, Douglass C. North, said that: “A real understanding of how economies grow unlocks the door to greater human well-being and to a reduction in misery and abject poverty.”

Copyright information

© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  • Zhenying Wang
    • 1
  1. 1.Shanghai Gold ExchangeShanghaiChina

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