The Stages of Economic Growth

Rostow, W. W.

doi:10.1111/j.1468-0289.1959.tb01829.x

Cited by 436 publications

(89 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…If population growth in the EMEs is high, net effect on growth would be negative following the Malthusian principle. Depending on the stage of development, this variable may have a positive or negative effect on economic growth (Rostow, 1959).…”

Section: Control Variablesmentioning

confidence: 99%

Capital flows to Asia and Latin America: Does institutional quality matter?

2019

View full text Add to dashboard Cite

Using a sample of 28 emerging market economies from Asia and Latin America spanning 1990–2013, we show that the marginal effect of capital flows on growth is positive and contingent on the threshold level of institutional quality (IQ). The conditional effect of capital flows holds for both the income per capita growth and total factor productivity (TFP) growth. We also determine the different threshold levels of IQ at which the marginal effect of capital flows is positive. The overall level of IQ in the Asian countries is superior to the Latin American countries and requires a lower threshold level to exert any positive effect. While the same conditional effect of IQ holds in Latin America for TFP growth, this effect is reversed in Asia. For very high levels of IQ (91st percentile), the marginal effect of capital flows on TFP growth in Asia is almost negligible. The marginal effects also vary based on the composition of capital flows in each region.

show abstract

Section: Control Variablesmentioning

confidence: 99%

Capital flows to Asia and Latin America: Does institutional quality matter?

2019

View full text Add to dashboard Cite

show abstract

“…The analysis of Butler's [4] concept is consistent with two economic concepts, with sources in the model of cyclical economy development by Keynes: the concept of economic growth by Rostow [12] and the product life cycle by Kotler and Turner [13]. The TALC concept, from the moment it was published, was often criticized by researchers, but more often its development scheme was discovered in many parts of the world.…”

Section: Theoretical Basis Of the Talc Concept And Sustainable Tourismentioning

confidence: 58%

An Analytical Model of Tourist Destination Development and Characteristics of the Development Stages: Example of the Island of Bornholm

Szromek

2019

Sustainability

View full text Add to dashboard Cite

This paper presents the basis of the tourism area life cycle (TALC) concept and its extension in the context of the implementation of sustainable development practices in the tourist business model. The author uses the logistic function to determine the level of tourist absorption and capacity. The empirical basis of the methods used was statistics on the development of the tourist industry on Bornholm. The objective of the paper is to determine the stage of development of the tourist area of Bornholm and the consequences of this stage for business models of tourist enterprises functioning there. The results of the analysis indicate that the range of tourist absorption was reached in the 1960s–1970s, and that it is currently getting closer to the upper threshold of that range. Tourism on Bornholm, in line with the TALC concept, is currently in the stabilization stage. Future tourist trends on Bornholm depend on many factors; however, if tourist development goes into the decline stage, the offered products may require transformation, in terms of both transport and the form and availability of tourist attractions. Perhaps this will involve a total transformation of the island into a facility with a specific entertainment, leisure, or business profile. The listed solutions will require entrepreneurs to react within the scope of a transformation of their business models into sustainable models of tourist business.

show abstract

“…Moreover, in 1959, the economist Walt Whitman Rostow published his economic model Rostow's Stages of Economic Growth. The model posited that economic growth occurs in five basic stages, including traditional society, preconditions for take-off, take-off, drive to maturity, and age of high mass consumption (Rostow, 1959). This "economic development theory .…”

Section: Resultsmentioning

confidence: 99%

U.S. International Agricultural Development: What Events, Forces, Actors, and Philosophical Perspectives Presaged Its Approach?

Raczkoski

Edwards

2018

JIAEE

View full text Add to dashboard Cite

The philosophical perspectives, including significant actors, events, and forces, that influenced and presaged the United States' approach to international agricultural development are somewhat unclear. The purpose of this historical narrative, therefore, was to understand the key drivers responsible for forging the U.S. framework for technical agricultural assistance abroad, especially in its formative years. The study's findings were reported by answering two questions. The first question explored historical events, including federal legislative acts and statutes, which precipitated the U.S. approach to international agricultural development. The second research question addressed the philosophical primers imbued in the U.S. approach to international agricultural development, including significant actors responsible for championing it. We assert the environmental pragmatism of Liberty Hyde Bailey and its other proponents was the philosophical foundation and worldview that informed many of the pioneers who guided the U.S. approach to offering agricultural assistance as part of the nation's international development efforts. As such, we recommend the inclusion of certain aspects of environmentalism in agricultural and extension educator preparation with implications for international and domestic development, including long-term sustainability initiatives.

show abstract

The Stages of Economic Growth

Cited by 436 publications

References 0 publications

Capital flows to Asia and Latin America: Does institutional quality matter?

Capital flows to Asia and Latin America: Does institutional quality matter?

An Analytical Model of Tourist Destination Development and Characteristics of the Development Stages: Example of the Island of Bornholm

U.S. International Agricultural Development: What Events, Forces, Actors, and Philosophical Perspectives Presaged Its Approach?

Contact Info

Product

Resources

About