Unified Growth Theory: A Critical Methodological and Theoretical Analysis with Insights from Multiple Fields of Research
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2020-08-24
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en
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This paper seeks to bring to light some of the controversies related to Unified Growth Theory
(UGT), Oded Galor’s seminal work on the origin of economic growth. Discussing the different
theories present in several fields related to UGT, such as fertility limitations related to population
and the Great Divergence, leads to varying implications and points of view depending on the
field of research. Further, direct controversies related to the methodology and theory in UGT are
discussed and explored. Controversies surrounding the related literature are also explored,
namely the “Out of Africa” Hypothesis (2013). Lastly, the impact of UGT on Growth Economics
as a whole is briefly studied. Upcoming research could benefit from studying the presented
interactions among different fields of study, while also diving into related controversies on the
topic.
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Faculteit der Managementwetenschappen