Description
This is a book that summarizes the theories of economic growth, both ancient and modern. It discusses the factors that contribute to economic development, and provides information on how to apply these theories to the specific problems of underdeveloped countries. Additionally, the book covers the topic of growth and planning in the Soviet Union.
First published in 1966, this work summarises the theories of economic growth, both ancient and modern, and presents them in a form particularly suitable for university students, both in the developing world and elsewhere. The objective is to enable students to assess the major factors making for economic development and to encourage them to think about ways of applying their knowledge to the particular problems of their own countries. In addition there is a special survey of growth and of limiting factors in the economies of underdeveloped countries, with an important analysis of the economic results of planning in the USSR.
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