3 Review(s)

Originally published in 1959, this book contains in straightforward language a general account of the major variables significant for the analysis of economic development. It stresses above all the quantitative aspects of the economic growth of nations, and establishes a series of propositions on growth patterns based on empirical data from the USA & Canada, Europe, Latin America, South Africa and Australasia. In arriving at his conclusions, the author makes use of national income and its components in emerging and developed economies.