Essays about: "Thirlwall"

Found 1 essay containing the word Thirlwall.

1. 1. Balance-­of­-payments   constrained   growth   in   the   case   of   the  Bulgarian economy: an empirical study

   University essay from Akademin för hållbar samhälls- och teknikutveckling

   Author : Boyko Vasilev; [2008]
   Keywords : balance of payments; growth; constraint; Bulgaria; Thirlwall;

   Abstract : Post­Keynesian economists state that there is a direct relationship between balance­-of­-payments and economic growth. Anthony Thirlwall, in particular, has formulated a model which defines the balance­-of­-payments equilibrium growth rate that would allow the economy to grow in the long­-run sustainably without deteriorating their external balance or entering major debts. READ MORE