Rostow’s Stage Theory of Growth
The Rostow’s Stages of Growth model (also called “Rostovian take-off model”) is one of the major historical models of economic growth. It was developed by W. W. Rostow.
Rostow’s model is one of the more structuralist models of economic growth, particularly in comparison with the ‘backwardness’ model developed by Alexander Gerschenkron, although the two models are not mutually exclusive.
