Rozwój społeczno-gospodarczy w teorii ekonomii
Socio-economic Development in Economic Theory

Summary/Abstract: The paper consists of three parts. The first discusses the meaning of the concepts of economic growth and development. In the second part, factors of economic growth have been classified (in the traditional and modern approach) and the role of qualitative factors is stressed. Determinants of growth in different theoretical models including the classical, Keynesian, and neoclassical ones (R. Solow, T. Swan et al.) are also presented, with particular emphasis on endogenous growth theory initiated by P.M. Romer. The third part of the paper discusses types of economic growth including extensive, intensive, permanent and sustainable – with stress placed on the role of eco-development and the knowledge-based economy). The article looks at the main changes occurring in the modern economy.

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