ECONOMIC GROWTH OF TIMOR-LESTE Theory & Research

The Economic Growth presents a comprehensive examination of
economic principles. The work integrates classical and modern economic theories with empirical research to provide a holistic view of economic growth. The introductory chapters lay the foundation by exploring fundamental economic concepts, distinguishing between growth and development, and contextualizing these within the Timor-Leste economy. Subsequent chapters delve into pivotal growth theories, from the classical frameworks of Adam Smith, David Ricardo, and Joseph Schumpeter to contemporary models such as the Harrod-Domar and New Growth Theory. These theoretical discussions establish the analytical lens through which
the country's economic evolution is assessed.