Models of Balance of Payments Constrained Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Models of Balance of Payments Constrained Growth write by E. Soukiazis. This book was released on 2012-10-15. Models of Balance of Payments Constrained Growth available in PDF, EPUB and Kindle. This book extends Thirlwall's model and adapts its implications to the current problems facing developed and emerging economies. In this context, this book combines theoretical models and empirical applications, unveiling new results and highlighting the importance of the balance of payments as a constraint to growth.
Economic Growth and the Balance-of-Payments Constraint
Economic Growth and the Balance-of-Payments Constraint - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Growth and the Balance-of-Payments Constraint write by John McCombie. This book was released on 2016-07-27. Economic Growth and the Balance-of-Payments Constraint available in PDF, EPUB and Kindle. '... a well written book ... covering ... a vast amount of material ... well balanced between the theoretical and applied works. The authors are judicious and fair in providing a balanced treatment of the two alternative theories of growth performance: supply-oriented and demand-oriented. The book will serve as a guideline to researchers and policymakers ... as a textbook for upperdivision undergraduate and graduate courses.'- Kashi Nath Tiwari, Kennesaw State College This is the first book of its kind to argue in a consistent and comprehensive way the idea that a country's growth performance cannot be properly understood without reference to the performance of its tradeable goods sector and the strength of its balance of payments. It puts forward a demand orientated theory of why growth rates differ between countries where the major constraint on demand is the balance of payments. The book is critical of neoclassical growth analysis and provides an alternative theory of growth performance to the supply orientated approach of neoclassical theory. There are theoretical chapters comparing and contrasting neoclassical growth analysis with the new demand orientated approach, and empirical sections which apply the new model to regions and countries, including two case studies of the UK and Australia.
Structural Economic Dynamics
Structural Economic Dynamics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Structural Economic Dynamics write by Luigi Pasinetti. This book was released on 2006-11-02. Structural Economic Dynamics available in PDF, EPUB and Kindle. This book is a theoretical investigation of the influence of human learning on the development through time of a 'pure labour' economy. The theory proposed is a simple one, but aims to grasp the essential features of all industrial economies. Economists have long known that two basic phenomena lie at the root of long-term economic movements in industrial societies: capital accumulation and technical progress. Attention has been concentrated on the former. In this book, by contrast, technical progress is assigned the central role. Within a multi-sector framework, the author examines the structural dynamics of prices, production and employment (implied by differentiated rates of productivity growth and expansion of demand) against a background of 'natural' relations. He also considers a number of institutional problems. Institutional and social learning, know-how, and the diffusion of knowledge emerge as the decisive factors accounting for the success and failure of industrial societies.
Essays on Balance of Payments Constrained Growth
Essays on Balance of Payments Constrained Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Essays on Balance of Payments Constrained Growth write by John McCombie. This book was released on 2004-03-26. Essays on Balance of Payments Constrained Growth available in PDF, EPUB and Kindle. This impressive collection explores the relationship between a country's balance of payments and their rate of economic growth.
The Balance-of-Payments-Constrained Growth Model and the Limits to Export-Led Growth
The Balance-of-Payments-Constrained Growth Model and the Limits to Export-Led Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Balance-of-Payments-Constrained Growth Model and the Limits to Export-Led Growth write by Robert A. Blecker. This book was released on 2017. The Balance-of-Payments-Constrained Growth Model and the Limits to Export-Led Growth available in PDF, EPUB and Kindle. This paper discusses how A. P. Thirlwall's model of balance-of-payments-constrained growth can be adapted to analyze the idea of a “fallacy of composition” in the export-led growth strategy of many developing countries. The Deaton-Muellbauer model of the Almost Ideal Demand System (AIDS) is used to represent the adding-up constraints on individual countries' exports, when they are all trying to export competing products to the same foreign markets (i.e. newly industrializing countries are exporting similar types of manufactured goods to the OECD countries). The relevance of the model to the recent financial crises in developing countries and policy alternatives for redirecting development strategies are also discussed.
