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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.
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.
This history of theories and theorists of economic growth elucidates the economic theory, economic history, and public policy observations of the renowned scholar W. W. Rostow. Looking at the economic growth theories of the classic economists up to 1870, Rostow compares Hume and Adam Smith, Malthus and Ricardo, and J.S. Mill and Karl Marx. He then examines the period 1870-1939 and its economic theorists, including Schumpeter, Colin Clark, Kuznets, and Harrod, and surveys the three forms of growth analysis in the postwar era: formal models, statistical morphology, and development theories. This authoritative overview also includes an agenda of unresolved problems in growth analysis and a description of the five major tasks statesmen will confront over the next several generations.
This volume reflects an effort to bring ideas to bear on major issues of domestic and foreign policy. It is an interaction of the author's working in academic and working in the realm of public service.
David Milne's America's Rasputin provides the first major study of the man who pushed two presidents into Vietnam. Walt Rostow's meteoric rise to power—from Flatbush, Brooklyn, to the West Wing of the White House—seemed to capture the promise of the American dream. Hailing from humble origins, Rostow became an intellectual powerhouse: a professor of economic history at MIT and an influential foreign policy adviser to John F. Kennedy and Lyndon B. Johnson. Too influential, according to some. While Rostow inspired respect and affection, he also made some powerful enemies. Averell Harriman, one of America's most celebrated diplomats, described Rostow as "America's Rasputin" for the unsavory...
The noted economist and former National Security Advisor shares lessons learned from decades of national policymaking in this insightful memoir. A trusted advisor to Presidents Eisenhower, Kennedy, and Johnson and one of America's leading professors of economic history, W. W. Rostow helped shape the intellectual debate and governmental policies on major economic, political, and military issues from World War II to the dawn of the twenty-first century. In this thought-provoking memoir, Rostow discusses his analysis of—and involvement with—eleven key policy problems. In the process, he demonstrates how ideas flow into concrete action and how actions taken or not taken in the short term act...
This text presents the views of economist Walt W. Rostow, on what problems and prospects the world is likely to face in the year 2050. Central to his theory is his argument that the population of the world, after a growth from the year 1176 up to 2050, will achieve zero growth by 2100.
This collection of professional essays traces the sequence of the great issues of public policy that marked a half-century. It includes information on the problems of method, issues of historical analysis, elaboration of a dynamic theory, issues of current policy and evolution of economic doctrine.