TY  - RPRT
        AU  - Gradstein, Mark
AU  - Justman, Moshe
        TI  - Diversity and Growth
        PY  - 2018/May/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 11553
        UR  - https://www.iza.org/publications/dp11553
        AB  - The diversity of social interaction within economic communities affects productivity and growth, and is itself shaped by economic conditions. These reciprocal effects raise the possibility of multiple equilibria, of setting a socially polarized economy stagnating in poverty on a new path of social integration and economic growth through external intervention or an internal political initiative. This paper describes a simple analytical model that captures these reciprocal effects, and sheds light on the role of government capacity, community leadership, federation and external credit or aid, in achieving economic growth through social integration.
        KW  - cultural diversity
KW  - economic growth
KW  - social interaction
        ER  -