Growth Opportunities and Growth Obstacles: The Role of the State

  • Hans Christoph Binswanger


The growth impetus, characteristic of the modern economy, regularly causes the actual growth rate g to be higher than the minimum growth rate g min :
$$ g > {g_{{{ \min }}}}. $$


Central Bank Public Debt Growth Opportunity Natural Person Modern Economy 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  1. 1.Institute for Economy and the EnvironmentUniversity of St.GallenSt. GallenSwitzerland

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