1. Growth theory in the history of thought -- 2. Neoclassical and 'new' growth theory : a critique -- 3. Manufacturing industry as the engine of growth -- 4. A demand-oriented approach to economic growth : export-led growth models -- 5. Balance of payments constrained growth : theory and...

Economists have long relied on cross-country regression analysis to identify the determinants of continued growth, but with only limited success. This book demonstrates the value of a different approach