In the field of economic history, one common proxy measure for economic output growth is population growth, especially in cities. The second gathered communities of engineering practice to supercharge economic growth. But as Delong rightly points out, such economic growth was not evenly distributed over space and over time. And when it comes to the future of economic growth, these differing contexts are of immense importance. Yet, as we also know from history, different countries achieved sustained economic growth in different ways across space and time.
Source: The Edge Markets October 07, 2022 03:37 UTC