In The Stages of Economic Growth, for which he is known around the world, W. W. Rostow distinguished five basic stages of growth experienced by societies as they change from a pre-industrial state to full economic maturity. In this book the analysis is continued but the focus is shifted, from economic growth to politics. Professor Rostow see politics as an eternal triangle of competing imperatives - of security, welfare, and constitutional order. Using this concept, he examines the political meaning and content of each of the stages as experienced by eight countries; Great Britain, France, China, Japan, Russia, Turkey, Mexico and the United States. He goes on to consider, in the heart of the book, a uniquely political stage: the search for quality which is possible in an age of high mass consumption. Special attention is given the United States. Professor Rostow also examines the character of politics in the developing nations of today, and makes explicit what he sees to be the lessons of history and the contemporary world for these nations. He concludes by using his analysis to speculate on possibilities for peace in the global community.

2017 Reprint of 1960 First Edition. Full facsimile of the original edition, not reproduced with Optical Recognition software. 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. Rostow 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. Remains a classic text on the subject.

Analysis of the experience of modern nations in various stages of development under bourgeois, Stalinist of fascist governments.

When are developing countries able to initiate periods of rapid growth and why have so few been able to sustain growth over decades? This book provides a novel conceptual framework built from a political economy of business-government relations and applies it to nine countries across Africa and Asia, drawing actionable policy recommendations.

This books presents a theory of economic development very different from the "stages of growth" hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author breaks new ground by focusing on the use of domestic capital markets to stimulate economic performance. He suggests a "bootstrap" approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves. Central to his theory is the freeing of domestic financial markets to allow interest rates to reflect the true scarcity of capital in a developing economy. His analysis leads to a critique of prevailing monetary theory and to a new view of the relation between money and physical capital—a view with policy implications for governments striving to overcome the vicious circle of inflation and stagnation. Examining the performance of South Korea, Taiwan, Brazil, and other countries, the author suggests that their success or failure has depended primarily on steps taken in the monetary sector. He concludes that monetary reform should take precedence over other development measures, such as tariff and tax reform or the encouragement of foreign capital investment. In addition to challenging much of the conventional wisdom of development, the author's revision of accepted monetary theory may be relevant for mature economies that face monetary problems.

Nations are not trapped by their pasts, but events that happened hundreds or even thousands of years ago continue to exert huge influence on present-day politics. If we are to understand the politics that we now take for granted, we need to understand its origins. Francis Fukuyama examines the paths that different societies have taken to reach their current forms of political order. This book starts with the very beginning of mankind and comes right up to the eve of the French and American revolutions, spanning such diverse disciplines as economics, anthropology and geography. The Origins of Political Order is a magisterial study on the emergence of mankind as a political animal, by one of the most eminent political thinkers writing today.

By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework for understanding economic development--for both rich and poor--in the twenty-first century. Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities. In the new global economy, where, despite unprecedented increases in overall opulence, the contemporary world denies elementary freedoms to vast numbers--perhaps even the majority of people--he concludes, it is still possible to practically and optimistically restain a sense of social accountability. Development as Freedom is essential reading.

What is development -- How does development happen? -- Why are some countries rich and others poor? -- What can be done to accelerate development? -- The evolution of development aid -- Sustainable development -- Globalization and development -- The future of development.

We seem to be witnessing the rebirth of the concept of an integrated social science, a complete theory of human action and interaction in all its ramifica tions and complications. What we call society is simply the totality of human exchange. Economics is a theory of human exchange of certain types. Although the qualities of what is being exchanged as well as the conditions of exchange may vary, economic theory has recently broadened its scope sufficiently to begin to be general enough to handle these problems as well. In the present work we attempt to see what insights are revealed by the application of economic categories to political history. We feel there are many. At this point Silver stops. ! Auster continues. A quick spin around the "policy" block in the new model so to speak, hence Chapter 8. For the rest, however, this is truly a joint work. The authors' names appear in alphabetical order. After 12 years of professional asso ciation, claims to precedence in origination could too clearly be self-deception. ! Silver is even more pessimistic than Auster, in particular about which types of reforms will be accepted. With the rise to affluence of most members of our society the mass itself has become concerned with political reform as almost a new form of entertainment. Unfor tunately, they have no idea how to improve matters.