This chapter provides a critique of economic development theories starting from Adam Smith to the “capital-injection” school (Harrod-Domar, Lewis and Rostow models), the neo-classical growth models (Solow and Romer models) and the so-called Washington...
CITATION STYLE
Jwa, S.-H. (2017). A Brief Overview of Economic Development Theories. In The Rise and Fall of Korea’s Economic Development (pp. 11–21). Springer International Publishing. https://doi.org/10.1007/978-3-319-58065-4_3
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