The nature of economic growth
Subtitle: an alternative framework for understanding the performance of nations
By: A.P. Thirlwall
Publisher: E. Elgar; Elgar Publishing, Incorporated, Edward
Published: 2002
Place of publication: Cheltenham; Northampton, MA
Language: eng
Format: [electronic resource] :
Number of pages: 111
ISBN-13: 9781843767466
Subjects: Development; Electronic books; Economic development; Government & Business; Economic Development; General; POLITICAL SCIENCE; Structural Adjustment; Economic Policy; Business Development; Public Policy; BUSINESS & ECONOMICS
Description: This text charts development economics as it evolved from Adam Smith to "new" or endogenous growth theory. Thirlwall is critical of the latter, and its predecessor neo-classical growth theory, and tries to put back demand as a driving force in growth theory.
Notes: Includes bibliographical references (p. 97-105) and index.

Description based on print version record.
Table of contents: title: Cover; Contents; Preface; 1. Growth theory in the history of thought; 2. Neoclassical and 'new' growth theory: a critique; 3. Manufacturing industry as the engine of growth; 4. A demand-orientated approach to economic growth: export-led growth models; 5. Balance of payments constrained growth: theory and evidence; 6. The endogeneity of the natural rate of growth; Bibliography; Index.