Economic Dynamics, Trade and Growth

1. Front Matter

   Pages i-xv

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2. Introduction

   • G. Rampa, L. Stella, A. P. Thirlwall

   Pages 1-10

3. The Harrod-Domar Equation from Quesnay to Marx to Harrod and Domar

   • Walter Eltis

   Pages 11-37

4. Failing to Win Consent: Harrod’s Dynamics in the Eyes of His Readers

   • Daniele Besomi

   Pages 38-88

5. In Search of Harrod’s Contribution to Economic Dynamics: A Note

   • Maurizio Pugno

   Pages 89-106

6. Harrod and the ‘Time-lag Theories of the Cycle’

   • Daniele Besomi

   Pages 107-151

7. Harrod’s Economic Dynamics As A Persistent And Regime-Changing Adjustment Process

   • Maurizio Pugno

   Pages 152-178

8. The Balance of Payments and Growth: From Mercantilism to Keynes to Harrod and Beyond

   • A. P. Thirlwall

   Pages 179-211

9. Harrod, Economic Growth and International Trade

   • J. S. L. Mccombie

   Pages 212-251

10. Cumulative Causation, Harrod’s Trade Multiplier, and Kaldor’s Paradox: The Foundations of Post-Keynesian Theory of Growth Differentials

    • Luca De Benedictis

    Pages 252-280

11. Harrod and Haberler Beyond The Trade Cycle: Exchanges on International Liquidity, Gold, Trade, Inflation, Monetarism and Friedman, 1961–1971

    • Warren Young

    Pages 281-298

12. Back Matter

    Pages 299-310

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Sir Roy Harrod was one of the foremost economists of the twentieth century who made pioneering contributions in several branches of economics including: trade cycle theory; growth theory; trade theory; monetary economics; imperfect competition theory, and methodology. This volume arises out of a conference to celebrate the sixtieth anniversary of the publication of his book The Trade Cycle in 1936. After an introductory essay by Walter Eltis, a student of Harrod, this volume contains important essays on the interpretation of Harrod's work in the field of economic dynamics by Danial Besomi and Maurizio Pugno, and in the field of trade and growth by Tony Thirlwall, John McCombie and Luca Bendictis. Finally, Warren Young, in the process of writing Harrod's biography, uses correspondence between Harrod and Haberler to elucidate Harrod's views on trade theory, international monetary reform and inflation.

• economic dynamics
• economic growth
• economics
• growth
• growth theory
• Inflation
• international trade
• John Maynard Keynes
• Keynes
• monetarism
• monetary economics
• trade theory

• University of Genoa, Italy

  Giorgio Rampa, Luciano Stella

• University of Kent, Canterbury, UK

  A. P. Thirlwall

LUCA DE BENEDICTIS University of Macerata DANIELE BESOMI University of Turin TERENZIO COZZI University of Turin WALTER ELTIS Fellow, Exeter College, Oxford CRISTINA MARCUZZO University of Rome, `La Sapienza' MASSIMO DI MATTEO University of Siena J.S.L. MCCOMBIE University of Cambridge BRUNO SORO University of Genoa WARREN YOUNG Bar Ilas University, Israel MAURIZO PUGNO University of Trento POOLS VARRI University of Cattolica, Milan.

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