The sectoral composition of economies is fundamental to the understanding of growth, unemployment and the relative performance of nations. Henri de Groot models the relationship between these four factors from a single theoretical perspective in order to determine the foundations of the wealth of nations.Special issues that are addressed include: the macroeconomic consequences of outsourcing and downsizing unemployment and catching-upthe relationship between growth and unemployment in a dual labour marketthe relative stagnancy of Europe versus the USA in terms of productivity levels and unemploymenttransitional dynamics in two-sector endogenous growth modelsthe causes of deindustrializationthe role of trade unions and efficiency-wage considerationsGrowth, Unemployment and Deindustrialization will be of paramount interest to scholars of endogenous growth theory, economic growth and unemployment, labour market economics and industrial organization.
