Abstract
The paper studies the implications for growth theory of the limits-to-growth debate, discussing three issues that have occupied a prominent place since the seventies.(1) Maintaining growth: can growth be sustained in the rich and still growing countries despite the limited supply of production factors such as land and labour? (2) Initiating growth: will per capita growth also be possible for those who are currently poor? (3) Avoiding decline: how to manage the exhaustibility of natural resources and the possible irreversible degradation of reproductive systems?
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Gerlagh, R., Keyzer, M.A. (2001). Limits-to-Growth Theory. In: Kuper, G.H., Sterken, E., Wester, E. (eds) Coordination and Growth. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-1549-4_13
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DOI: https://doi.org/10.1007/978-1-4615-1549-4_13
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