Essays on Balance of Payments Constrained Growth (eBook, PDF)

Theory and Evidence
Redaktion: McCombie, J. S. L.; Thirlwall, A. P.

• Format: PDF

Produktbeschreibung

There are many theories concerning the relationship between the pace of development and economic growth in different countries. This impressive collection explores the relationship between a country's balance of payments and their rate of economic growth. The evidence and ramifications within the book will be of interest to economists and policy-makers in developing countries.

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Produktdetails

• Verlag: Taylor & Francis eBooks
• Seitenzahl: 352
• Erscheinungstermin: 26. März 2004
• Englisch
• ISBN-13: 9781134340316
• Artikelnr.: 43071418

Autorenporträt

J.S.L. McCombie is a Fellow in Economics at Downing College, Cambridge, UK. A.P. Thirlwall is Professor of Applied Economics at the University of Kent, UK. He has been an advisor to various government departments, and a consultant to many international development organisations.

Inhaltsangabe

1. Introduction Part One: Theory 2. The Balance of Payments Constraint as
an Explanation of International Growth Rate Differences A. P. Thirlwall 3.
The Balance of Payments Constraint, Capital Flows and Growth Rate
Differences Between Developing Countries A. P. Thirlwall and M.
Nureldin-Hussain 4. Economic Growth, the Harrod Foreign Trade Multiplier
and the Hicks' Super-Multiplier John McCombie 5. Economic Growth, Trade
Interlinkages and the Balance of Payments Constraint John McCombie 6.
International Competitiveness, Relative Wages and the Balance of Payments
Constraint R. Blecker 7. The Stability of Thirlwall's Model of Economic
Growth and the Balance of Payments Constraint M. Pugno 8. The Balance of
Payments Constraint: from Balanced Trade to Sustainable Debt N.
Barbosa-Filho Part Two: Developed Countries 9. On the Empirics of Balance
of Payments Constrained Growth John McCombie 10. The 45-Degree Rule
Revisited P. Anderson 11. A New Approach to Balance of Payments Constraint:
Some Empirical Evidence J. A. Alonso 12. An Application of Thirlwall's Law
to the Spanish Economy M. Leon-Ledesma Part Three: Developing Countries 13.
Balance of Payments Constrained Growth and Developing Countries: an
Examination of Thirlwall's Hypothesis J. Perraton 14. The Balance of
Payments Constraint and Growth Rate Differences Between African and East
Asian Economies M. Nureldin Hussain 15. The Chronicle of Growth in
Southeast Asian Countries: Does Thirlwall's Law Provide an Adequate
Explanation? N. Ansari, H. Hashemzadeh and Y. Xi 16. Thirlwall's Law and
Beyond: the Latin American Experience J. Lopez and A. Cruz 17. Balance of
Payments Constrained Growth in Central America: 1950-96 J. C. Moreno Brid
and E. Perez 18. Balance of Payments Constrained Growth: the Case of Mexico
J. C. Moreno Brid 19. A Generalised Version of the Balance of Payments
Constrained Growth Model: An Application to Neighbouring Regions K. Nell