ABSTRACT

A convenient method of conclusion – though scarcely of rendering final judgement – is to review the more important assumptions and models which have been employed in the analysis to this point. The object is to discover whether, after experiencing the stress of conflicting individual and comparative cases, these assumptions and models still point in the original, or indeed any definite, direction. As Youngson has remarked, ‘When thinking about economic progress, the most important thing to decide is what not to think about.’ With this reflection in mind, it is probably true that the inescapable commitments of this study are owed to the models which describe the relationship between industrialization and developments in: agriculture, overseas trade, resource utilization, population growth, investment banking, state administration, entrepreneurship, and, more generally, economic backwardness.