The macroeconomics of development finance : a Kaleckian analysis of the semi-industrialized economy
Author(s)
Bibliographic Information
The macroeconomics of development finance : a Kaleckian analysis of the semi-industrialized economy
Macmillan Press in association with the Institute of Social Studies , St. Martin's Press, 1993
- : uk
- : us
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Note
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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