T. S. Eliot, Four Quartets Modern growth theory, which built on the Harrod-Domar model, was born in 1956 with Robert Solow's famous papers and will turn 50 this year. Even the "new" growth theory, ...

The Harrod–Domar Model, which is a Keynesian model of economic growth also gives an interesting perspective. While the model was initially created to help analyse the business cycle, it was ...

Soon after, the “Harrod-Domar model” highlighted the supposed instability and improbability of sustained growth. In its turn, Robert Solow’s post-war model acknowledged the possibility of ...