1st Edition

The Coming of Age of Information Technologies and the Path of Transformational Growth
A long run perspective on the late 2000s recession

ISBN 9781138805088
Published June 19, 2014 by Routledge
192 Pages

USD $62.95

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Book Description

In this book, Davide Gualerzi employs the concept of transformational growth to explore the investment-driven cycle of expansion of the 1990s in the US economy, and of the of role played by the ICT sector.

The book articulates a view of demand-led growth in which the focus is on effective demand, the composition of the growth process and the link between changing composition and expansion.

Table of Contents

Part 1: Demand-Led Growth and Structural Change  1. Growth Theory from a Demand-Side Perspective  2. Transformational Growth and the Structural Dynamics of Market Creation  3. Growth, Effective Demand and the Composition of Output  Part 2: The 1990s Expansion: Technology, Investment and New Markets  4. The 1990s: The Boom and the Bust of the "New Economy"  5. Information and Communication Technologies: Productivity and Structural Change  6. The Technology, Investment, New Markets Relationship: The Forward and Backward Linkages  7. The Transformation of the Consumption Sphere and Market Creation  Part 3: Two Decades of Structural Transformation in the US Economy: The Path of Transformational Growth  8. From the Recovering 1980s to the Booming 1990s  9. Innovative Investment and Long Term Development: Questions from the 1990s  10. The Path of Transformational Growth

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Davide Gualerzi is Associate Professor at the University of Padua, Italy.