Economic Growth in Theory and Practice

  • Authors
  • R.┬áM.┬áSundrum

Table of contents

  1. Front Matter
    Pages i-xii
  2. Growth and Structural Transformation

    1. Front Matter
      Pages 1-1
    2. R. M. Sundrum
      Pages 3-14
    3. R. M. Sundrum
      Pages 15-26
    4. R. M. Sundrum
      Pages 27-50
  3. Supply Factors: the Classical Determinants

    1. Front Matter
      Pages 51-51
    2. R. M. Sundrum
      Pages 53-76
    3. R. M. Sundrum
      Pages 77-100
    4. R. M. Sundrum
      Pages 101-135
    5. R. M. Sundrum
      Pages 136-149
  4. Demand Factors: The Keynesian Determinants

    1. Front Matter
      Pages 151-151
    2. R. M. Sundrum
      Pages 153-181
    3. R. M. Sundrum
      Pages 182-198
    4. R. M. Sundrum
      Pages 199-230
  5. Inflation, Income Distribution and Growth

    1. Front Matter
      Pages 231-231
    2. R. M. Sundrum
      Pages 233-256
    3. R. M. Sundrum
      Pages 257-270
    4. R. M. Sundrum
      Pages 271-287
  6. Back Matter
    Pages 288-303

About this book

Introduction

The book describes the practical process of economic growth both in developed and less developed countries, and presents a unified theory of growth from the earliest stages to the most advanced. Central to the theory is the structural transformation which is associated with the growth process. This structural transformation is used to explain the logistic pattern that economic growth has followed in the real world. Within this logistic pattern, growth performance is explained both in terms of supply factors and demand factors, and the interaction between them. The influence of inflation and income distribution on economic growth is also discussed.

Keywords

economic growth growth income distribution inflation

Bibliographic information

  • DOI https://doi.org/10.1057/9780230376816
  • Copyright Information Palgrave Macmillan, a division of Macmillan Publishers Limited 1990
  • Publisher Name Palgrave Macmillan, London
  • eBook Packages Palgrave Economics & Finance Collection
  • Print ISBN 978-1-349-38947-6
  • Online ISBN 978-0-230-37681-6
  • About this book