The Stages of Economic Growth A Non Communist Manifesto 3rd Edition by Walt Whitman Rostow ISBN 0521409284 9780521409285

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ISBN 10: 0521409284 
ISBN 13: 9780521409285
Author: Walt Whitman Rostow

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.

The Stages of Economic Growth A Non Communist Manifesto 3rd Table of contents:

1. Introduction
2. The Five Stages-of-Growth—A Summary
The traditional society
The preconditions for take-off
The take-off
The drive to maturity
The age of high mass-consumption
Beyond consumption
A dynamic theory of production
3. The Preconditions for Take-off
The two cases
The nature of the transition
The analysis of the transition
Two sectoral problems
Agriculture and the extractive industries
Social overhead capital
Non-economic change
The transitional coalitions
The alternative directions of nationalism
The first take-off
4. The Take-off
The achievement of regular growth
The take-off defined and isolated
Evidence on investment-rates in the take-off
The inner structure of the take-off
The supply of loanable funds
The sources of entrepreneurship
Leading sectors in the take-off
The take-off in perspective
5. The Drive to Maturity
Definition and timing
Sectoral patterns of maturity: railways and their aftermath
Sweden
Japan
Russia
Some problems in defining maturity
Maturity in perspective
6. The Age of High Mass-Consumption
The three-way choice
The American case
Phase One: The Progressive era, 1901–16
Phase Two: The 1920’s
Phase Three: The Great Depression
Phase Four: The Post-War Boom
Phase Five: Where next?
Post-maturity elsewhere
Pre-1914
The 1920’s
The 1930’s
Post-1945
The terms of trade after two wars
Beyond high mass-consumption
7. Russian and American Growth
A remarkable parallel
The major differences
The military question
The economic question
The locus of the challenge
8. Relative Stages-of-Growth and Aggression
War in modern history
The problem of national sovereignty
Three kinds of wars
Colonialism
Regional aggression
Struggles for the Eurasian power balance
The choice of aggression
The next phase: Nuclear weapons and the further spread of industrialization
9. The Relative Stages-of-Growth and the Problem of Peace
The revolution in weapons
The diffusion of power in the longer run
The problem of peace
The Russian national interest
Moscow’s problem of acceptance
The great act of persuasion
Beyond peace
The significance of the diffusion of power for Western Europe
Take-offs, past and present
Similarities
Some relative differences
Some relative advantages
Three major implications for policy
10. Marxism, Communism, and the Stages-of-Growth
The seven Marxist propositions
Similarities with stages-of-growth analysis
Central themes of stages-of-growth
Marx in perspective
The evolution of modern Communism
Communism: A disease of the transition

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Tags: Walt Whitman Rostow, Economic, Communist