This unique work treats economic growth and development in terms of
a theory which is applicable to an economy in the post-industrial,
developing, and emerging stages. The author uses the theory to
analyze and study the growth of an economy through these three
stages of development within the framework of the business cycle in
disequilibrium. This work has taken on special importance in light
of the changing world situation, including the changes in the
former Soviet Union, the peace process in the Middle East, and
renewed concern for developing and emerging countries.
General
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