The nature of economic growth

By A. P. Thirlwall

Subjects: POLITICAL SCIENCE, Business Development, Economic Development, Economic Policy, Economic development, Development, Public Policy, Structural Adjustment, BUSINESS & ECONOMICS, Electronic books, Government & Business, General

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.