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Item Details
Title: THE ECONOMICS OF DEMAND-LED GROWTH
CHALLENGING THE SUPPLY-SIDE VISION OF THE LONG RUN
By: Mark Setterfield (Editor)
Format: Hardback

List price: £115.00


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 1840641770
ISBN 13: 9781840641776
Publisher: EDWARD ELGAR PUBLISHING LTD
Pub. date: 26 June, 2002
Pages: 320
Description: Mark Setterfield argues in favour of macroeconomic demand management. Some economists have noted how such management can play a key role in generating domestic demand-led growth. This can be seen for example in the case of Japan.
Synopsis: The Economics of Demand-Led Growth is a collection of specially written essays that develop and apply the theory of demand-led growth.Long-run growth is usually portrayed as a supply-determined process. The contributions to this volume, however, are rooted in the theory of demand-led growth. In addition to general discussions of the role of demand in the long-run, the volume contains essays in the Kaldorian and Kaleckian traditions, and a section on the relationship between demand-led growth and structural change. The conclusion reached is that current neglect of the role of demand in analyses of long-run growth is unwarranted. This book will prove indispensable to academic economists and graduate students in economics for its contributions to the field of macrodynamics and, in particular, its development of non-neoclassical approaches to macrodynamics.
Publication: UK
Imprint: Edward Elgar Publishing Ltd
Returns: Returnable
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