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THE ECONOMICS OF GROWTH AND DEVELOPMENT
Selected Essays of A.P. Thirlwall, Volume One
9781858982076 Edward Elgar Publishing
This important volume brings together seventeen major essays written by A.P. Thirlwall over the last twenty five years in the field of growth and development.
Many of these papers make pioneering contributions, such as the author’s formalization of Kaldor’s two-sector growth model, his models of growth constrained by the balance of payments, his testing of the IMF’s supply side approach to devaluation, and his development of models of inflation, population and economic growth.
Many of these papers make pioneering contributions, such as the author’s formalization of Kaldor’s two-sector growth model, his models of growth constrained by the balance of payments, his testing of the IMF’s supply side approach to devaluation, and his development of models of inflation, population and economic growth.
More Information
Critical Acclaim
Contents
More Information
This important volume brings together seventeen major essays written by A.P. Thirlwall over the last twenty five years in the field of growth and development.
Many of these papers make pioneering contributions, such as the author’s formalization of Kaldor’s two-sector growth model, his models of growth constrained by the balance of payments, his testing of the IMF’s supply side approach to devaluation, and his development of models of inflation, population and economic growth.
Other essays are more reflective and eclectic, such as papers on Keynes and economic development, on the terms of trade and international debt, as well as an essay in praise of development economics. The volume also includes an extensive introductory essay in which Professor Thirlwall explains how he became a development economist.
The Economics of Growth and Development will be welcomed by economists and policy makers for presenting an authoritative volume of Professor Thirlwall’s most important essays and papers in development economics, some of which are in foreign journals and not readily available in many university libraries.
Many of these papers make pioneering contributions, such as the author’s formalization of Kaldor’s two-sector growth model, his models of growth constrained by the balance of payments, his testing of the IMF’s supply side approach to devaluation, and his development of models of inflation, population and economic growth.
Other essays are more reflective and eclectic, such as papers on Keynes and economic development, on the terms of trade and international debt, as well as an essay in praise of development economics. The volume also includes an extensive introductory essay in which Professor Thirlwall explains how he became a development economist.
The Economics of Growth and Development will be welcomed by economists and policy makers for presenting an authoritative volume of Professor Thirlwall’s most important essays and papers in development economics, some of which are in foreign journals and not readily available in many university libraries.
Critical Acclaim
‘A useful reference volume, bringing together some of the author’s most important work for the first time.’
– Aslib Book Guide
‘The Economics of Growth and Development serves as a useful reminder of the author’s contribution to the discipline – this is a stimulating (and occasionally provocative) collection which should be of interest to more advanced students of the subject.’
– The Economic Journal
– Aslib Book Guide
‘The Economics of Growth and Development serves as a useful reminder of the author’s contribution to the discipline – this is a stimulating (and occasionally provocative) collection which should be of interest to more advanced students of the subject.’
– The Economic Journal
Contents
Contents: Introduction 1. In Praise of Development Economics 2. Keynes, Economic Development and the Developing Countries 3. A General Model of Growth and Development on Kaldorian Lines 4. Foreign Trade Elasticities in Centre-Periphery Models of Growth and Development 5. The Balance of Payments Constraint, Capital Flows and Growth Rate Differences Between Developing Countries 6. Dual Gap Analysis for the Sudan 7. The IMF Supply Side Approach to Devaluation: An Assessment with Reference to the Sudan 8. Inflation and the Savings Ratio Across Countries 9. Population Growth and Economic Development 10. A Cross Section Study of Population Growth and the Growth of Output and Pwr Capital Income in a Production Function Framework 11. Reconciling the Conflict Between Employment and Savings and Employment and Output in the Choice of Techniques in Developing Countries 12. The Terms of Trade, Debt and Development: With Particular Reference to Africa 13. Trends, Cycles and Asymmetries in the Terms of Trade of Primary Commodities from Developed and Less Developed Countries 14. When is Trade More Valuable than Aid? 15. Foreign Debt and Economic Development 16. An International Comparison of the Causes of Changes in the Debt Service Ratio 1980–85 17. An Analysis of Changes in the Debt Service Ratio for 96 Countries 1986–90 Index
