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Old And New Growth Theories. An Assessment.

Old And New Growth Theories. An Assessment.

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  • ISBN:9781843760740
  • Editorial: Edward Elgar
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  • Nº Pág.:348
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Since the late 1980s, economic growth has again become a central topic in economic theorising. Recent endogenous growth theory has greatly contributed to the development of the field. Old and New Growth Theories analyses the most recent developments in the theory of economic growth and compares these to earlier theories.
The books originality is due in part to the assembly of contributions from scholars of different persuasions - some within the mainstream and others from Keynesian, Kaleckian and Sraffrian traditions. The authors deal with a comprehensive variety of research topics including the key elements necessary to generate growth, the mechanisms of endogeneity of growth and technical change, the role of aggregate demand and of investment in physical and human capital. Economic policy issues are also considered.

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