The end of economic miracle : appearance and reality in economic development / Ferenc Janossy.

Format:

Book

Author/Creator:

Jánossy, Ferenc, author.

Series:

Routledge revivals.

Routledge Revivals

Language:

English

Subjects (All):

Economic history--1945-1971.

Economic history.

Economic development.

Physical Description:

1 online resource (212 p.)

Edition:

1st ed.

Place of Publication:

Oxon [England] : Routledge, 2016.

Language Note:

English

Summary:

Originally published in 1971, this report presents Dr Jánossy's attempt to demonstrate that all post-war economic 'miracles' lasted only until production levels reached the levels they should have done had there been no war and concludes that economic development is extremely consistent. Jánossy also provides a detailed growth theory which suggests that this consistency is reached purely by the development of mankind and occupational structure rather than research or capital development. This title will be of interest to students of Business and Economics.

Contents:

Cover; Half Title; Title Page; Copyright Page; Original Copyright Page; Table of Contents; Preface; Introduction. The True Vehicle of Economic Development; PART I; Chapter 1. All Economic Miracles Are Reconstruction Periods; The Typical Course of Economic Reconstruction; The Trendline: Neither Fiction Nor Fate; Relevance of Analyzing the Reconstruction Period; The Classical Case of the Reconstruction Period; Chapter 2. The End of the Japanese Economic Miracle; A Persistent Reconstruction Period; A Particularly Stable Index of Developmental Change

Japan's Development Approaches a Turning PointChapter 3. The Economic Miracle in the Federal Republic of Germany; Determinability of the Trendline; Background and End of the Economic Miracle; The Peculiar Course of the Trendline of Steel Production; Chapter 4. The Economic Development of the Soviet Union, Its Trendline, and the Two Reconstruction Periods; The October Revolution and the Break in the Trendline; The Reconstruction Period After the Civil War; The Reconstruction Period After the Second World War; Summary Remarks; Chapter 5. Deviations from the "Classical" Reconstruction Period

The Point of DepartureTrendline and Reconstruction Periods in Hungary; At the End of the Italian Economic Miracle; Chapter 6. Evaluating Indices of Economic Development; Overall and Partial Indices; Where and Why Some Trendlines Break; The Return to the Trendline as Restoration of Dynamic Equilibrium; PART II; Chapter 7. The Stability of the Trendline as a Point of Departure for Analysis; What Does the Trendline Actually Represent?; Neither Capital Investment Nor Research Can Determine the Trendline; Two Aspects of Analysis; The Chain of Goals and Realization

Chapter 8. Research and DevelopmentThe Distinction Between Development and Production; The Special Intermediary Relationship Between Developmental Labor and the Satisfaction of Human Wants; The Special Role of Developmental Labor in the Reproduction Process; Research Result and Extra Profit; The Special Nature of the Research Result as a Quasi-Commodity; Spring Mechanism and Regulator; Chapter 9. The Diffusion of Innovations; The Process of Diffusion and the Slope of the Productivity Line in Time and Space; The Interaction Between Individual Diffusion Processes and Overall Progress

The Diffusion of an Innovation: The Qualitative Transformation of LaborThe Diffusion Process and the Accumulation of Capital; Chapter 10. The Quantity of Embodied Labor; The Ratio of National Wealth and National Income; The Number of Working Hours Embodied in a Workplace; Does the Rate of Investment Necessarily Grow with Progress?; Chapter 11. Investment in Machinery and Equipment and Increased Productivity; The Problem Defined; A Special Division of the Economy into Two Vertical Sectors; The Basis of Rising Productivity in Sector II; The Perfection of Equipment and the Constant of Progress α

Possible Effects of the Rate of Investment on the Constant of Progress

Notes:

First published in 1971 by International Arts and Sciences Press.

Includes bibliographical references.

Description based on print version record.

ISBN:

1-317-27102-5

1-315-63843-6

1-317-27101-7

9781315638430

OCLC:

958108976