1st Edition

The End of the Economic Miracle
Appearance and Reality in Economic Development





ISBN 9781138195417
Published July 7, 2017 by Routledge
270 Pages

USD $48.95

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Book Description

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.

Table of Contents

 Preface;  Introduction;  Part 1;  1. All Economic Miracles are Reconstruction Periods  2. The End of the Japanese Economic Miracle  3. The Economic Miracle in the Federal Republic of Germany  4. The Economic Development of the Soviet Union, Its Trendline, and Two Reconstruction Periods  5. Deviations from the "Classical" Reconstruction Period  6. Evaluating Indices of Economic Development;  Part 2;  7. The Stability of the Trendline as a Point of Departure for Analysis  8. Research and Development  9. The Diffusion of Innovations  10. The Quantity of Embodied Labor  11. Investment in Machinery and Equipment and Increased Productivity  12. Construction Activity and Progress  13. Labor Power and Progress  14. The Tension that Underlies Progress and the Bond that Limits its Tempo;  Appendix A. Statistical Sources;  Appendix B. Notes for Diagrams

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