The Path of Economic Growth Book + PRICE WATCH * Amazon pricing is not included in price watch

The Path of Economic Growth Book

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.Read More

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  • Product Description

    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.

  • 0521125332
  • 9780521125338
  • Adolph Lowe
  • 17 December 2009
  • Cambridge University Press
  • Paperback (Book)
  • 352
  • Reprint
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