Economics of development

The 9th edition of Thirlwall's 'Economics of Development: Theory and Evidence' (formerly Growth and Development) represents the most thorough revision of this classic textbook to date. For nearly forty years, it has offered students a clear, comprehensive and rigorous overview of the economic aspects ...

Trade liberalisation and the poverty of Nations

Orthodox trade and growth theory, and the world's multilateral development institutions, extol the virtues of trade liberalisation and free trade for more rapid economic development of poor countries. However, the contemporary reality and history seem to tell a different story. The world economy has ...

Growth and development

with special reference to developing economies

For over thirty years, this classic text has offered students a comprehensive overview of the economic aspects of growth and development which is clearly written without sacrificing rigour. The focus is on macroeconomic issues with unique chapters on the history of economic thought, project appraisal ...

Essays on balance of payments constrained growth

theory and evidence

There are many theories concerning the reasons that the pace of development and the growth of national product differ between nations. One of the most interesting theories concerns the relationship between a country's balance of payments and its economic growth and development. It is ...

La naturaleza del crecimiento económico

un marco alternativo para comprender el desempeño de las naciones

La naturaleza del crecimiento económico presenta una revisión analítica y crítica de las principales teorías macrodinámicas, clásica y neoclásica. Contiene además una exposición de la llamada Ley de Thirwall y una teoría del crecimiento endógeno alternativa, basada en las contribuciones de Roy F.Harrod, Keynes ...

The nature of economic growth

an alternative framework for understanding the performance of nations

This text charts development economics as it evolved from Adam Smith to new or endogenous growth theory. Thirlwall is critical of the latter, and its predecessor neo-classical growth theory, and tries to put back demand as a driving force in growth theory.

The nature of economic growth

an alternative framework for understanding the performance of nations

This text charts development economics as it evolved from Adam Smith to "new" or endogenous growth theory. Thirlwall is critical of the latter, and its predecessor neo-classical growth theory, and tries to put back demand as a driving force in growth theory.