Economic growth and the balance-of-payments constraint
Author(s)
Bibliographic Information
Economic growth and the balance-of-payments constraint
Macmillan , St. Martin's Press, 1994
- : us
- : uk
- : uk : pbk
Available at / 44 libraries
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Research Institute for Economics & Business Administration (RIEB) Library , Kobe University図書
: us338.9-564s081000089018*
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Note
Includes bibliographical references (p. 574-595) and indexes
Description and Table of Contents
- Volume
-
: us ISBN 9780312101831
Description
'... 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.
Table of Contents
Preface - Acknowledgements - Alternative Theories of Growth Performance:I The Supply Orientated and Neoclassical Approaches - Alternative Theories of Growth Performance:II The Demand Orientated Approach - The Balance of Payments Constraint as an Explanation of International Growth Rate Differences - Non-Price Competition, Trade and the Balance of Payments - Critiques and Defences of the Balance of Payments Constrained Growth Model - Economic Growth, the Harrod Foreign Trade Multiplier and the Hicks Super-Multiplier - Export-Led Growth and the Balance of Payments Constraint - Export-Led Growth, Regional Problems and Cumulative Causation
- Volume
-
: uk ISBN 9780333484241
Description
'...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 reearchers 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.
Table of Contents
Preface - Acknowledgements - Alternative Theories of Growth Performance:I The Supply Orientated and Neoclassical Approaches - Alternative Theories of Growth Performance:II The Demand Orientated Approach - The Balance of Payments Constraint as an Explanation of International Growth Rate Differences - Non-Price Competition, Trade and the Balance of Payments - Critiques and Defences of the Balance of Payments Constrained Growth Model - Economic Growth, the Harrod Foreign Trade Multiplier and the Hicks Super-Multiplier - Export-Led Growth and the Balance of Payments Constraint - Export-Led Growth, Regional Problems and Cumulative Causation
- Volume
-
: uk : pbk ISBN 9780333601129
Description
'... 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.
Table of Contents
Preface - Acknowledgements - Alternative Theories of Growth Performance:I The Supply Orientated and Neoclassical Approaches - Alternative Theories of Growth Performance:II The Demand Orientated Approach - The Balance of Payments Constraint as an Explanation of International Growth Rate Differences - Non-Price Competition, Trade and the Balance of Payments - Critiques and Defences of the Balance of Payments Constrained Growth Model - Economic Growth, the Harrod Foreign Trade Multiplier and the Hicks Super-Multiplier - Export-Led Growth and the Balance of Payments Constraint - Export-Led Growth, Regional Problems and Cumulative Causation
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