The Path of Economic Growth
by
Adolph Lowe
Book Details
Format
Hardback or Cased Book
ISBN-10
0521208882
ISBN-13
9780521208888
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Oct 29th, 1976
Print length
348 Pages
Weight
7 grams
Product Classification:
Development economics & emerging economies
Ksh 1,550.00
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This study, first published in 1976, explores the theory and impact of economic growth.
The writings on the theory of economic growth share almost without exception two characteristics – they deal exclusively with steady growth or equilibrium dynamics, and they try to predict the actual course of long-term development on the basis of greatly oversimplified behaviour assumptions. This book, first published in 1976, studies the many variants of a disequilibrium path, which growth processes pursue under the impact of major growth stimuli – changes in labour supply, in natural resources, and in technology. The study gives direction to public policies, sharply distinguishing between the requirements of market economies and of planned systems.
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