The Process of Economic Growth [antikvár]

PREFACE TO SECOND EDITION T "Ihis edition is designed to serve two purposes: to make available a text now out of print 5 and to bring within covers certain further developments of the lines of thought which the first edition contained. Chapters XI-XIV are based on essays written between 1953 and 1959, here substantially reprinted by the kind permission, respectively, of the International Economic Association and the editors of Ú\t Economic Journal, ih.t Economic History Review, and ihe: Journal of Economic History. The two basic derivations from the original analysis are the concept of leading growth sectors, expounded in Chapter XI, and the concept of definable and general stages of growth presented in Chapters XII and XIII. The reader will find that both flow directly from the effort to render the classical theory of production more dynamic and flexible, via sectoral analysis, in Chapter IV, In addition, the stages of growth bring the concept of the propensities (Chapters II and III) to bear, in an organized way, around the non-economic aspects of the transition of a traditional to a growing society. The stages of growth sequence is both an effbrt to fill the gap in contemporary thought noted at the end of the introduction to the first edition—that is, an alternative to Marxism —and a way of giving tolerable order to the Marshallian long period. Since there has been a basic continuity in the development of my ideas, the other chapters stand in their original form. The argument in Chapter X, concerning policy towards the underdeveloped areas, has, however, been much further elaborated in A Proposal: Key to an Effective Foreign Policy (Harpers, New York, 1957), written with Max F. Millikan. And the concept of the stages ofgrowth, summarized in Chapter XIII, is developed and apphed at length in The Stages of Economic Growth (Cambridge University Press, i960). The interval between the two editions of this book has seen a most remarkable surge of thought centred on the process