Economic Growth Edward A. Hudson

How does economic growth work? Beginning with the history of leading countries over the past 2000 years, Economic Growth finds which countries have achieved sustained growth and how they did it. The effects of growth are examined on a human scale. The benefits of growth are enormous in terms of life, health, education, leisure and opportunity, while the downsides can be managed by appropriate policies. Economic Growth develops a new theory of growth. This new theory is based on careful analysis of actual growth; it covers the causes and mechanisms as well as the results of growth. This new theory extends conventional theory by operating at the industry level and by placing demand considerations at the forefront of growth. Demand growth - based on product innovation, marketing, credit and the consumer society - drives the economy forward while supply growth - based on investment and process innovation - sustains the growth in spending and incomes. Growth is not automatic but, in the... Это и многое другое вы найдете в книге Economic Growth (Edward A. Hudson)