Neoclassical growth theory is the dominant perspective for explaining economic growth. At its core are four implicit assumptions: 1) economic output can become
Presents the contributions that early development theory can make to growth economics in answering why some countries are richer than others and why some econom
Modern economies never come to rest. From institutions to activities of production, trade, and consumption, everything is locked in processes of perpetual trans
In this volume a group of eminent economists and other social scientists seek to present an innovative new approach to economic development, drawing in part fro