The Economics of Demand-Led Growth is a collection of specially
written essays that develop and apply the theory of demand-led
growth. Long-run growth is usually portrayed as a supply-determined
process. The contributions to this volume, however, are rooted in
the theory of demand-led growth. In addition to general discussions
of the role of demand in the long-run, the volume contains essays
in the Kaldorian and Kaleckian traditions, and a section on the
relationship between demand-led growth and structural change. The
conclusion reached is that current neglect of the role of demand in
analyses of long-run growth is unwarranted. This book will prove
indispensable to academic economists and graduate students in
economics for its contributions to the field of macrodynamics and,
in particular, its development of non-neoclassical approaches to
macrodynamics.
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