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Full Description
Since the 1980s, growth theory has re-emerged at the forefront of economic analysis and has prompted a rekindling of the debates on why growth rates differ. Drawing on recent developments in the philosophy of science, this book tackles the subject, developing novel critical perspectives on neoclassical and evolutionary growth theory, while revisiting the major discussion on UK industrial decline.
Contents
1. Introduction Part 1: The Case Against Positivism 2. Explanation and Economics: The Case Against Deductivism 3. On Explanation, Agency and Economics: New Directions Part 2: The Explanatory Limits of Growth Discourses 4. Neo-Classical Growth Theory: Lakatosian Research Programmes? 5. Evolutionary Growth Theory? Part 3: Catching up and Falling Behind: The Conundrum of Development 6. 'Thinking About Economic Growth' 7. The 'Myth' of Development: Post-Development's Post-Modern Hopes? 8. The Nadir of Development? 10. Conclusion