International Journal of Economics, Finance and Management Sciences
Volume 1, Issue 1, February 2013, Pages: 25-37
Received: Feb. 6, 2013;
Published: Feb. 20, 2013
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Feng Dai, Department of Management Science, Zhengzhou Information Engineering University, Zhengzhou, China
Songtao Wu, Department of Management Science, Zhengzhou Information Engineering University, Zhengzhou, China
Ling Liang, Department of Management Science, Zhengzhou Information Engineering University, Zhengzhou, China
Stating from the intrinsic characteristics of macroeconomic development, this paper puts forward the concept of development power and its theoretical frame. The development power is the potential and invisible dynamics to promote economic growth. By means of the development power theory, we can explain some important problems in macro-economy. We discuss the basic properties of development power and obtain some results, such as, the effects of economic policy depends on the development power, the imbalance of economic development is caused by the different levels in development power. The method is given to evaluate development power, and then we may analyze the mutual effects among development powers. Finally, we illustrate that the development power movements exist widely in the economic development.
Development Power: The Potential Dynamics in Economic Process, International Journal of Economics, Finance and Management Sciences.
Vol. 1, No. 1,
2013, pp. 25-37.
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