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Other Papers on :Growth Theory

P/E/246. Country development: theories and reality

(2005, 5000 words)

The paper offers a critique of various theories of growth, among them the Marxist theory of country development from capitalism to communism, Rostows theory of Modernization, etc. Historical evidence from the experience of the Soviet Union, economically less developed countries (ELDC) and economically more developed countries (EMDC) is provided on the basis of an extensive review of literature.
 
   
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