The Economic Theory of Growth and Development

by David Rich

Overview

This unique work treats economic growth and development in terms of a theory which is applicable to an economy in the post-industrial, developing, and emerging stages. The author uses the theory to analyze and study the growth of an economy through these three stages of development within the framework of the business cycle in disequilibrium. This work has taken on special importance in light of the changing world situation, including the changes in the former Soviet Union, the peace process in the Middle East, and renewed concern for developing and emerging countries.

Product Details

ISBN-13:	9780275946876
Publisher:	Bloomsbury Academic
Publication date:	09/29/1994
Pages:	272
Product dimensions:	6.14(w) x 9.21(h) x 0.62(d)
Lexile:	1600L (what's this?)

About the Author

DAVID Z. RICH is a self-employed economics consultant. He is the author of Contemporary Economics (Praeger), The Dynamics of Knowledge (Greenwood Press), The Economics of Welfare (Praeger), and The Economics of International Trade (Quorum Books).

Table of Contents

The Problem Situation
The Contemporary Situation of Economic Development
The Problems of Economic Development
Business Cycles: Comments on Method
The Theory of Economic Development
Stages of Economic Growth
The Business Cycle: Concepts and Tools
The Liquidity Function: Money, Prices, and Interest
The Business Cycle: Dynamic Equilibrium and Three Theories of Growth
The Business Cycle: Dynamic Disequilibrium and Growth
The Contemporary Challenges to Economic Growth and Development
The Paradox of Industrialization
The International Utility Function
Economic Growth and Development: Political Considerations
Conclusion
Selected Bibliography
Index