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Lecture Development economics - Lecture 13: Theories of economic development - 3
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W.W. Rostow was an American economist who presented 'Stages of Growth' model of development. According to Rostow, the process whereby all the developed industrial nations of the world transformed themselves from backwardness to prosperity can be described in terms of a series of stages. This chapter provides knowledge of W.W. Rostow's Stages of Economic Growth.
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