Xavier Sala-i-Martin: Six Common Myths in the field of Economic Growth
Xavier Sala-i-Martin does some myth-busting. He suggests that if innovation is essentially regular people coming up with ideas and implementing them, innovation policy should include educating the masses to come up with ideas too, not just elites to be scientists but to include the poor and facilitate implementation in ALL sectors, in ALL countries.
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ABOUT Xavier Sala-i-Martin
“Xavier Sala-i-Martin is the Professor of Development Economics at Columbia University in New York and a visiting Professor at Universitat Pompeu Fabra in Barcelona.
He is also the Chief Economic Advisor for the World Economic Forum at Davos and founded the UMBELE Foundation, a Non-Profit and Non-Government organisation dedicated to helping the citizens of Africa.
Sala-i-Martin is widely recognised as one of the leading economists in the field of economic growth and is consistently ranked among the most-cited economists in the world for works produced in the 1990s.
Xavier’s works include the topics of : economic growth, development in Africa, monetary economics, social security, health and economics, classical-liberal thinking. He has constructed an estimate of the World Distribution of Income, which he has then used to estimate poverty rates and measures of inequality. The conclusions of this study offered a new point of view for two reasons.
First, the United Nations and the World Bank used to believe that, although poverty rates were falling, the total number of poor people was increasing. Sala-i-Martin claimed that both were falling. Second, the United Nations and the World Bank used to (and still do) believe that individual income inequalities were on the rise. Sala-i-Martin claims they are not.”
The VIDEO
RELATED
1. Website 2. Blog 3. Book: Economic Growth
