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• Fearn, Robert M.

This note specifies the microeconomic conditions that give rise to special periods of economic enhancement: rapid growth and wide-spreading prosperity. Several distinctly different historical examples are examined. The analysis may prove to be helpful to transitionalizing nations that are seeking new sources of economic growth.

• Economics and Business

• Economic development

economic growth, economic structure, transitional economies

Περιέχει διάγραμμα, σημειώσεις και βιβλιογραφία, The author has benefited immensely from conversations with and comments from Arthur Coutu, Mitch Renkow, David Flath, Theodore Lianos, and Lee Craig. Any remaining errors are the responsibility of the author., JEL Classification: L11, O12, P23