This theoretical and empirical study of the relation between the behavior of the price level and economic growth first provides an examination of inflation and capital formation in underdeveloped countries. Then, theoretical issues relating to economic development and the price level in backward, more advanced and institutional economies are explored including the terms of trade of primary producers; agriculture and inflation; secular changes in the demand and supply of primary products, and; the terms of exchange of primary products in relation to the rate of growth. Concluding chapters provide data of the actual price and growth experience of a number of countries to illustrate the theoretical arguments. Particularly noteworthy is Maynard's original and analytically powerful argument that inflation often results from the disproportion between growth rates in the industrial and agricultural sectors. "An intelligent, closely reasoned book ... It demands and rewards careful reading." The Times Literary Supplement

"About this title" may belong to another edition of this title.

Store Description

Visit Seller's Storefront

Seller's business information

Jonathan Grobe Books
IA, U.S.A.

Sale & Shipping Terms

Terms of Sale

If you need to pay via Check/Money Order/Paypal send an Inquiry. I do not do billing/invoicing for institutions (or others). No dealer discount. Returns accepted for any reason if return made within two weeks of receipt. .

Shipping Terms

Shipping costs are based on books weighing 2.2 LB, or 1 KG. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required.