Dynamic deformation theory based on the pairing plus-quadrupole model is employed for a detailed study of the N=88 transitional nucleus 152Gd. Comparisons with experiment and with other models are presented for the potential minimum and related properties, B(E2) values, rho (E0), X(EO/E2) and delta (E2/M1) values for transitions from seven 2+ states and a number of other states below 2 MeV. Brief comparisons with two N=88 isotones (148Nd and 150Sm) and with five Z=64 isotopes (150,154,156,158,160Gd) are also given.