Theoretical Approaches to Economic Growth and Development

Panagiotis E. Petrakis is Professor in the Department of Economics at National and Kapodistrian University of Athens, Greece, where he serves as Director of the Sector of International Economics and Development and Scientific Coordinator of Distance Education Training Programs. He was chairman of the Department of Economics at National and Kapodistrian University of Athens from 2005 to 2009. He is the author of numerous scientific articles and monographs and has extensive publications in recognized academic journals on economic development, entrepreneurship, and cultural background.

1. The Methodological Puzzle.- 2. Introduction to General and Integrated Development and Growth.- 3. Economic Action, Cultural Background and Institutions.- 4. Complex Economic Systems, Information and Forms of Capitalism.- 5. Politics and Governance.- 6. Uncertainty.- 7. Expectations.- 8. Entrepreneurship.- 9. Evolution of Economy and Economic Thought.- 10. The Sources of Growth from the Birth of Economics to the Rise of the New Era.- 11. The Sources of Growth from the Beginning of Economics to the Emergence of the New Era: Equilibrium, Evolutionary Development, Schumpeter and Keynes.- 12. Neoclassical Synthesis and Keynesian Development.- 13. Solowian Growth and AK Models.- 14. International Trade Relations, Optimum Currency Areas, Externalities and Public Choice.- 15. The Era of Low Growth and High Inflation: Contemporary International Trade Theories, New Classics, New Keynesian, Human Capital, Contractization Theories, and Behavioral Economics Under Uncertainty.- 16. The GreatModeration, Real Business Cycles and Dynamic General Equilibrium Models.- 17. Endogenous Growth, Convergence and Evolutionism.- 18. The Macroeconomic and Development Debate after the Great Recession: The European Crisis, Deleveraging and Secular Stagnation.- 19. The Macroeconomic and Development Debate after the Great Recession: Fiscal Space, Multipliers and GDP, Debt Supercycle and Supply-Side Economics.- 20. Growth and Development Implications of Covid-19.- 21. International Financial Architecture.- 22. Central Banks, Reserve Currencies, International Chains, and International Interactions.