The Take-off into Self-sustained Growth

Abstract

T he purpose of this article is to explore the following hypothesis: that the process of economic growth can usefully be regarded as centring on a relatively brief time interval of two or three decades when the economy and the society of which it is a part transform themselves in such ways that economic growth is, subsequently, more or less automatic. This decisive transformation is here called the take-off. 1 These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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