Economic Growth

Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined. This book is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Structural transformation, in which developing countries transition from traditional production in largely rural areas to modern production in largely urban areas, is an important causal force in creating early economic growth, and as such, is made central in this approach.

The book provides a detailed analysis of the causes of West Africa’s current economic high-growth episode and proposes ways to extend it sustainably.

by Alexei Krouglov (Author)
The main goal of this book is to present coherent mathematical models to describe an economic growth and related economic issues.