Post-war economic growth revisited
Author(s)
Bibliographic Information
Post-war economic growth revisited
（Professor Dr. F. de Vries lectures, v. 6）
North-Holland , Sole distributors for the U.S.A. and Canada, Elsevier Science Pub. Co., 1985
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Note
Bibliography: p. 125-133
Includes index
Description and Table of Contents
Description
This book gives a retrospective look at growth during the post-war epoch and also dwells on the question of to what extent neo-classical growth theory helps one to understand and interpret what has occurred, and how future prospects appear. The decisive impact of the development of aggregate demand on growth is stressed, thereby touching on the crucial question of the neutrality of money in the long run. Nine alternative hypotheses are investigated in order to explain why capitalist countries had such success and why growth came to such a sudden end. In contrast to present day mainstream economics, attention is paid to the importance of demand, including the argument of export-led growth, failures of stabilization policy, and the slowdown of capital formation. A final chapter is devoted to the `mystery' of the declining growth of labour productivity.
Table of Contents
Preface. Chapters. 1: Growth and Anti-Growth. 2: Alternative Explanations of the Changing Growth Performance. 3: The Productivity Puzzle and Conclusions. Summary and Conclusions. Bibliography. Statistical Index.
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