Models of Balance of Payments Constrained Growth

Models of Balance of Payments Constrained Growth

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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.His main research and teaching interests are in the areas of emerging market economies and applied international macroeconomics. His recent work deals with the sustainability of the government and the current account deficits, the twin deficits phenomenon, ... He holds a PhD in Economics from the European Institute, Florence, Italy, and a Mastera#39;s in Monetary and Financial Economics from ISEG, anbsp;...

Title:Models of Balance of Payments Constrained Growth
Author: Elias Soukiazis, Pedro André Cerqueira
Publisher:Palgrave Macmillan - 2012-11-27

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