The macroeconomics of development finance : a Kaleckian analysis of the semi-industrialized economy
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Bibliographic Information
The macroeconomics of development finance : a Kaleckian analysis of the semi-industrialized economy
Macmillan Press in association with the Palgrave Macmillan, c1993
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"Institute of Social Studies"--Cover
"Transferred to digital printing 2005"--T.p. verso
Bibliography: p. 200-211
Includes index
Description and Table of Contents
Description
This book provides vital theoretical underpinnings for the emerging 'neo-structuralist' reading of macroeconomics based on the heterogeneous accumulation behaviour of public and private sectors. The work of Kalecki is used to build up a rigorous analysis of the semi-industrial economy which is not only suitable for practical policy formation but also marks a breakthrough in modern development economics. The topics covered include: the microeconomic roots of macroeconomic behaviour; stabilization, employment and growth policies in a mixed economy; and the problems of sectoral balance and market management in the planned economy.
Table of Contents
Preface - Kalecki and the Finance of the Semi-industrialized Economy - The Structural Approach to the Semi-industrialized Economy - The Macroeconomics of the Semi-industrialized Economy - The Analytics of Stabilization Policy - Employment and the Shadow Wage Rate - Financing Growth in the Mixed Economy - Planning for Sectoral Balance at the Periphery - State Accumulation and the Market - Index
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