Government Slows Economic Growth |
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| Authors: | Samar Datta Peter Gordon |
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| Institution: | Samar Datta iS Director of the Agro-Economic Research Cen-tre of Vlsva-Bharltl University m Santmlketan West Bengal India Datta holds degrees from the University of Calcutta and the Uruverslty of Rochester where he was awarded his PhD He has conducted research on problems of economic development, doing extensive field work for a number of years;Peter Gordon is Professor at the University of Southern Cahfornia having earned his PhD lrom the University of Pennsylvania in 1971 Since then he has acted as consultant for several nator international agencies for research interests Include urbanisation city systems and economlc development on, which subjects he has written in British and American Chemicals |
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| Abstract: | For decades the conventional wisdom maintained that 'public' (a euphemism for government) expenditure was good for economic life Professors Datta and Gordon, of the Universities of Visra-Bhariti (West Bengal) and Southern California, claim that evidence from the Third World suggests how government retards economic growth and depresses living standards Their argument may be technical but their conclusions cannot be misinterpreted even by politicians |
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