The nature of economic growth

By A. P. Thirlwall

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

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.