Keynesian Theory of Economic Development

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A01=Kenneth K. Kurihara
Author_Kenneth K. Kurihara
capital accumulation
Category=KCB
Category=KCF
Category=KCM
development economics
dual labour markets
Economic Development
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
fiscal policy analysis
growth theory
Keynesian Theory
Monetary Role in Economic Development
optimal growth strategies for developing nations
Post-Classical Doctrines
technological change

Product details

  • ISBN 9781041061625
  • Weight: 350g
  • Dimensions: 156 x 234mm
  • Publication Date: 30 May 2025
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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First published in 1959, The Keynesian Theory of Economic Development is perhaps the first systematic attempt to apply post-Keynesian dynamic economics to the problems of underdeveloped countries. Professor Kurihara provides a reference book for students of growth theory and some theoretical guidance in industrial planning. He seeks to isolate the significant mechanisms of economic growth in given social cultural conditions, selecting those relations between measurable variables on which the growth of per capita real incomes most depends- to be analysed on assumptions plausible yet simple enough to yield useful results. The book assumes an elementary knowledge of Keynesian and post- Keynesian economics and some experience of elementary mathematical models.

It makes a rigorous analysis of the problem of economic growth in terms of strategic measurable variables so as to assist the practical formation of policy and it gives greater emphasis to analysis than to description, thus departing from the usual method of case study. Professor Kurihara is also concerned that his treatment of various problems of economic development shall always be compatible with the institutions of a free society. This is a must read for students of economics and economic history.

Kenneth K. Kurihara was a Japanese–American economist. He was Distinguished Professor of Economic Theory at the State University of New York, and a noted post-Keynesian economist who worked on Keynesian dynamics, growth, development economics and monetary theory and public policy.

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