The late A.P. Thirlwall, formerly Professor of Applied Economics, University of Kent, Canterbury, UK

'. . . the book succeeds brilliantly in its main aim, which is to review the key aspects of existing theory, offer an alternative point of view together with many important insights, and show a way forward. It is worth reading and re-reading by any serious, critical and open-minded student of growth and it should greatly contribute to a fruitful dialogue and synthesis between competing schools of thought.'

• Contents: Preface 1. Growth Theory in the History of Thought 2. Neoclassical and ‘New’ Growth Theory: A Critique 3. Manufacturing Industry as the Engine of Growth 4. A Demand-Oriented Approach to Economic Growth: Export-Led Growth Models 5. Balance of Payments Constrained Growth: Theory and Evidence 6. The Endogeneity of the Natural Rate of Growth Bibliography Index

The late A.P. Thirlwall, formerly Professor of Applied Economics, University of Kent, Canterbury, UK

'. . . the book succeeds brilliantly in its main aim, which is to review the key aspects of existing theory, offer an alternative point of view together with many important insights, and show a way forward. It is worth reading and re-reading by any serious, critical and open-minded student of growth and it should greatly contribute to a fruitful dialogue and synthesis between competing schools of thought.'

• Contents: Preface 1. Growth Theory in the History of Thought 2. Neoclassical and ‘New’ Growth Theory: A Critique 3. Manufacturing Industry as the Engine of Growth 4. A Demand-Oriented Approach to Economic Growth: Export-Led Growth Models 5. Balance of Payments Constrained Growth: Theory and Evidence 6. The Endogeneity of the Natural Rate of Growth Bibliography Index