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About this book
The book describes the practical process of economic growth both in developed and less developed countries, and presents a unified theory of growth from the earliest stages to the most advanced. Central to the theory is the structural transformation which is associated with the growth process. This structural transformation is used to explain the logistic pattern that economic growth has followed in the real world. Within this logistic pattern, growth performance is explained both in terms of supply factors and demand factors, and the interaction between them. The influence of inflation and income distribution on economic growth is also discussed.
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Table of contents (13 chapters)
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Front Matter
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Growth and Structural Transformation
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Front Matter
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Supply Factors: the Classical Determinants
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Front Matter
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Demand Factors: The Keynesian Determinants
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Front Matter
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Inflation, Income Distribution and Growth
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Front Matter
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Back Matter
About the author
R.M.SUNDRUM
Bibliographic Information
Book Title: Economic Growth in Theory and Practice
Authors: R. M. Sundrum
DOI: https://doi.org/10.1057/9780230376816
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 1990
Hardcover ISBN: 978-0-333-52035-2Published: 06 August 1990
eBook ISBN: 978-0-230-37681-6Published: 06 August 1990
Edition Number: 1
Number of Pages: XII, 303
Topics: Development Economics, International Economics, International Political Economy, Economic Growth