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This history of theories and theorists of economic growth elucidates the economic theory, economic history, and public policy observations of the renowned scholar W. W. Rostow. Looking at the economic growth theories of the classic economists up to 1870, Rostow compares Hume and Adam Smith, Malthus ...

This history of theories and theorists of economic growth elucidates the economic theory, economic history, and public policy observations of the renowned scholar W. W. Rostow. Looking at the economic growth theories of the classic economists up to 1870, Rostow compares Hume and Adam Smith, Malthus and Ricardo, and J.S. Mill and Karl Marx. He then examines the period 1870-1939 and its economic theorists, including Schumpeter, Colin Clark, Kuznets, and Harrod, and surveys the three forms of growth analysis in the postwar era: formal models, statistical morphology, and development theories. This authoritative overview also includes an agenda of unresolved problems in growth analysis and a description of the five major tasks statesmen will confront over the next several generations.

'...this is an interesting book containing on the whole respectable well-tried approaches typical of the mid-to-late 1990s and addressing serious issues of real practical concern to human welfare, rather than being an exposé of avant-garde innovations in methodology or theory...the contributions are ...

'...this is an interesting book containing on the whole respectable well-tried approaches typical of the mid-to-late 1990s and addressing serious issues of real practical concern to human welfare, rather than being an exposé of avant-garde innovations in methodology or theory...the contributions are well written and accessible, so that the book could profitably be used as supplementary reading by advanced students of regional economics, regional science or quantitative economic geography. The editors and authors, have made a significant and important contribution.' - Bernard Fingleton, University of Cambridge, UK '...this is an interesting book ...The most appreciative readership is likely to be quantitatively inclined academic economic geographers, regional scientists, regional and applied economists, and policymakers in government and commerce.... The editors and authors have made a significant and important contribution.' - Journal of Economic Geography 'As is the case with most conference volumes the subject matter is rather diverse. However, unlike most conference volumes, this book maintains a natural and steady flow of ideas.... there are some interesting and provocative ideas to be found in the book.... Economic Growth and Change is a book that certainly deserves a look. It contains some interesting ideas and illuminates some interesting trends. Much of the book is devoted to the European post-war experience, which makes it rather unique among books on economic growth. For this reason, it may be particularly appealing to European researchers and policymakers.' - Stephen L. Parente, EH.NET The pursuit of economic growth is at the top of every nation's policy agenda at the end of the 20th century. This authoritative and comprehensive book goes beyond the narrowly-based convergence model of economic growth by considering global, national and regional patterns of growth from a comparative perspective. Issues examined include: the evolution of the firm and the role of R&D long-term implications of the loss of national sovereignty international 'openness' social and political institutions patterns of regional harmonization in the United States, particularly income and earnings trends across states and the reasons for convergence persistent regional disparities in Europe including the roles of sectoral transformation, regional spillovers, human capital formation and the allocation of structural funds the experience of convergence in individual countries including Italy, the UK, Spain and Germany