Foreign trade elasticities in centre-periphery models of growth and development

Abstract

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.

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