The sectoral composition of economies is fundamental to the understanding of growth, unemployment and the relative performance of nations. Henri de Groot models the relationship between these four factors from a single theoretical perspective in order to determine the foundations of the wealth of nations.Special issues that are addressed include:



the macroeconomic consequences of outsourcing and downsizing
unemployment and catching-up
the relationship between growth and unemployment in a dual labour market
the relative stagnancy of Europe versus the USA in terms of productivity levels and unemployment
transitional dynamics in two-sector endogenous growth models
the causes of deindustrialization
the role of trade unions and efficiency-wage considerations

Growth, Unemployment and Deindustrialization will be of paramount interest to scholars of endogenous growth theory, economic growth and unemployment, labour market economics and industrial organization.