ABSTRACT

In this book, Davide Gualerzi employs the concept of transformational growth to explore the investment-driven cycle of expansion of the 1990s in the US economy, and of the of role played by the ICT sector.

The book articulates a view of demand-led growth in which the focus is on effective demand, the composition of the growth process and the link between changing composition and expansion.

chapter |8 pages

Introduction

part |2 pages

Part I: Demand-led growth and structural change

part |2 pages

PART II The 1990s expansion: technology, investment and new markets

part |2 pages

Part III: Two decades of structural transformation in the US economy: The path of Transformational Growth