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Books > Business & Economics > Economics > Macroeconomics
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Models of Balance of Payments Constrained Growth - History, Theory and Empirical Evidence (Hardcover)
Loot Price: R2,796
Discovery Miles 27 960
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Models of Balance of Payments Constrained Growth - History, Theory and Empirical Evidence (Hardcover)
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Total price: R2,816
Discovery Miles: 28 160
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This book extends Thirlwall's original model and adapts its
implications to the current problems of the developed and emerging
economies. In this context, this book combines theoretical models
and empirical applications to unveil new results consistent with
the balance of payments constrained growth. The book provides an
alternative to orthodox growth theory which neglects the importance
of the balance of payments as a constraint to growth.
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