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Palgrave Macmillan
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Economic Growth in Theory and Practice

  • Book
  • © 1990

Overview

Authors:
  1. R. M. Sundrum
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Table of contents (13 chapters)

  1. Front Matter

    Pages i-xii
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  2. Growth and Structural Transformation

    1. Front Matter

      Pages 1-1
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    2. Introduction

      • R. M. Sundrum
      Pages 3-14

    3. Economic Growth in Historical Perspective

      • R. M. Sundrum
      Pages 15-26

    4. The Structural Determinants of Growth

      • R. M. Sundrum
      Pages 27-50

  3. Supply Factors: the Classical Determinants

    1. Front Matter

      Pages 51-51
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    2. Theories of Growth

      • R. M. Sundrum
      Pages 53-76

    3. Growth in The Agricultural Sector

      • R. M. Sundrum
      Pages 77-100

    4. Growth in the Industrial Sector

      • R. M. Sundrum
      Pages 101-135

    5. Growth in the Service Sector

      • R. M. Sundrum
      Pages 136-149

  4. Demand Factors: The Keynesian Determinants

    1. Front Matter

      Pages 151-151
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    2. Investment

      • R. M. Sundrum
      Pages 153-181

    3. Government Expenditures

      • R. M. Sundrum
      Pages 182-198

    4. Exports

      • R. M. Sundrum
      Pages 199-230

  5. Inflation, Income Distribution and Growth

    1. Front Matter

      Pages 231-231
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    2. Inflation and Growth

      • R. M. Sundrum
      Pages 233-256

    3. Income Distribution and Growth

      • R. M. Sundrum
      Pages 257-270

    4. Conclusions

      • R. M. Sundrum
      Pages 271-287

  6. Back Matter

    Pages 288-303
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Keywords

About this book

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.

About the author

R.M.SUNDRUM

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