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This monumental study is an account of the world economy since the eighteenth century, an analysis and prescription for the future, and a challenge to the neo-Keynesian theories of income determination and growth.
The first authoritative account of how Eisenhower's Open Skies proposal came to be, from the perspective of an insider.
Why the United States economy fell into stagflation in the 1980s.
The eight essays presented here are unified by the author's insistence that neo-Keynesian and neoclassical theory are an inadequate basis for economic analysis and policy prescription.
Written by an insider, this is the only published firsthand account of the debate within the Eisenhower administration after Stalin's death over whether or not the United States should propose and actively promote the reunification of Germany.
An exploration of the 1946 debate on whether the negotiation of the post-World War II peace treaties in Europe should have been pursued separately or been approached within the framework of a general European settlement.
An examination of British economy from 1790-1914 and the relationship between economic theory and historical reality.
This third edition of The Stages of Economic Growth, first published in 1991, has a new preface and appendix, Professor Rostow extends his analysis to include economic and political developments as well as the advances in theory concerning nonlinear and chaotic phenomena. For those coming to his work for the first time, the original text and the introductions and appendices from earlier editions are included. This volume will not only be of interest to those concerned with the theory of economic growth, but also to students of policy since the 1960s. In the text Professor Rostow gives an account of economic growth based on a dynamic theory of production and interpreted in terms of actual societies. Five basic stages of economic growth are distinguished with detailed discussions of each stage including illustrative examples. He also applies the concept of stages of growth to an examination of the problems of military aggression and the nuclear arms race. The final chapter includes a comparison of his non-communist manifesto with Marxist theory. Materials from the second edition include an appendix in which he responds to some of his critics.
In The Stages of Economic Growth, for which he is known around the world, W. W. Rostow distinguished five basic stages of growth experienced by societies as they change from a pre-industrial state to full economic maturity. In this book the analysis is continued but the focus is shifted, from economic growth to politics.
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