The theory of economic growth has been one of the most important issues in the study of economics since the days of Adam Smith. This collection examines the phenomenon of economic growth with an admirable economic vigour.
With contributions from such leading academic figures as Richard Arena and Philip Arestis, this book covers a wide variety of important topics such as:
*endogenous growth: the impact of unemployment, financial factors
*neo-Schumpeterian and neo-Kaldorian approaches to growth
*health, labor productivity and growth
Theoretical approaches, underpinned by some original empirical work, make Growth Theory and Growth Policy a book that will be welcomed by students and academics of macroeconomics and growth theory. The policy implications that come from the book will also make it an extremely useful read for all those involved in policy formulation.