Description

The purpose of this book is to demystify the causes of wealth and poverty like never before done. It is the seminal comprehensive presentation of the CDR index. The CDR index is a mathematical model that shows how capitalism (C), democracy (D) and rule of law (R) jointly with natural resources and geography explain almost all economic growth. As it turns out, capitalism, democracy, and rule of law are intangible policy variables that are at the disposal of all countries and explain almost all gross domestic production of tangible products and services. There is also a minor contribution from non-policy variables such as natural resources and geography. These are all that countries require at their disposal and choice in order to enjoy their desired standard of living. The CDR economic growth model is a new paradigm.

The Mystery of Wealth: Capitalism. Democracy. Rule of Law

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Hardback by Dennis Ridley

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The purpose of this book is to demystify the causes of wealth and poverty like never before done. It is... Read more

    Publisher: De Gruyter
    Publication Date: 10/06/2020
    ISBN13: 9788395771354, 978-8395771354
    ISBN10: 8395771355

    Number of Pages: 246

    Non Fiction , Business, Finance & Law

    Description

    The purpose of this book is to demystify the causes of wealth and poverty like never before done. It is the seminal comprehensive presentation of the CDR index. The CDR index is a mathematical model that shows how capitalism (C), democracy (D) and rule of law (R) jointly with natural resources and geography explain almost all economic growth. As it turns out, capitalism, democracy, and rule of law are intangible policy variables that are at the disposal of all countries and explain almost all gross domestic production of tangible products and services. There is also a minor contribution from non-policy variables such as natural resources and geography. These are all that countries require at their disposal and choice in order to enjoy their desired standard of living. The CDR economic growth model is a new paradigm.

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