Rapid Growth and Relative Decline is popular PDF and ePub book, written by M. Setterfield in 1996-12-17, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Rapid Growth and Relative Decline can be Read Online from any device for your convenience.
Rapid Growth and Relative Decline Book PDF Summary
Do high rates of economic growth create conditions favourable to their own maintenance? Or can a period of high growth 'sow the seeds of its own destruction'? This book addresses these questions by conceiving growth and structural change as path dependent processes. Methodological, theoretical and empirical insights are combined in an extended model of cumulative causation, which shows how endogenously induced technological and institutional changes may cause the dynamics of a period of high growth to break down. This casts new light on the debate over Britain's economic decline.
Detail Book of Rapid Growth and Relative Decline PDF
- Author : M. Setterfield
- Release : 17 December 1996
- Publisher : Springer
- ISBN : 9780230375871
- Genre : Business & Economics
- Total Page : 214 pages
- Language : English
- PDF File Size : 12,9 Mb
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