Weightless Machines and Costless Knowledge
Download or Read eBook Weightless Machines and Costless Knowledge PDF written by Giorgio Barba Navaretti and published by World Bank Publications. This book was released on 2001 with total page 36 pages. Available in PDF, EPUB and Kindle.
| Author | : Giorgio Barba Navaretti |
| Publisher | : World Bank Publications |
| Total Pages | : 36 |
| Release | : 2001 |
| ISBN-10 | : |
| ISBN-13 | : |
| Rating | : 4/5 ( Downloads) |
Book Synopsis Weightless Machines and Costless Knowledge by : Giorgio Barba Navaretti
Book excerpt: Knowledge, lacking weight and other physical attributes and being intangible, is a hidden factor of production, making economies grow "weightless." But knowledge is also imbedded in technology. If, becaue of low productivity, poor countries keep buying low-technology machines, will they remain stuck in a low-technology, low-growth trap?
