Synopsis
Rostow's stages of economic growth model is one of the major historical models of economic growth. It was published by American economist Walt Whitman Rostow in 1960. The model postulates that economic growth occurs in five basic stages, of varying length:(1) The traditional society The preconditions for take-off The take-off The drive to maturity The age of high mass-consumption.
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The Process of Economic Growth
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The Process of Economic Growth (Paperback)
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WW Norton & Co, New York, 1962
ISBN 10: 0393001768
ISBN 13: 9780393001761
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