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Economic growth : how it works and how it transformed the world /
Economic Growth develops a new theory of growth. This new theory is based on careful analysis of actual growth; it covers the causes and mechanisms as well as the results of growth. This new theory extends conventional theory by operating at the industry level and by placing demand considerations at...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Wilmington, Delaware :
Vernon Press,
[2015]
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| Colección: | Vernon Press series in economics.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Economic Growth develops a new theory of growth. This new theory is based on careful analysis of actual growth; it covers the causes and mechanisms as well as the results of growth. This new theory extends conventional theory by operating at the industry level and by placing demand considerations at the forefront of growth. Demand growth - based on product innovation, marketing, credit and the consumer society - drives the economy forward while supply growth - based on investment and process innovation - sustains the growth in spending and incomes. Growth is not automatic but, in the right conditions, demand and supply expansion work together to generate sustained growth. Economic Growth offers a new view of growth, unique in its combination of historical depth, intellectual clarity and practical relevance. Its original insights will interest academic and professional economists, while its comprehensive treatment and lucid explanations make it an excellent guidebook for anyone interested in economic growth. -- cover. |
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| Notas: | Series statement on jacket. |
| Descripción Física: | 1 online resource (611 pages) : graphs |
| Bibliografía: | Includes bibliographical references (pages 583-599) and index (pages 601-611). |
| ISBN: | 9781622730445 1622730445 |