Addressing the questions of how economic growth came about in these four countries and why sustained economic growth was achieved only by the two latter economic powers - Great Britain and the United States, it clearly highlights the long-term economic impact of the individual economic systems each country had developed.
This volume proposes ways of overcoming the practical limitations of current theories of economic growth, synthesizing concepts in growth theory and national development to provide an updated model for agriculture-focused and late-industrializing economies.
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