A stock-flow approach to investment requirements within balance-of-payments constrained growth
According to the balance-of-payments constrained growth model, an expansion of aggregate domestic demand is effective in increasing the long-run rate of growth of an economy to the extent that the performance of the external sector validates it. While the performance of the domestic economy is inter...
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| Main Authors: | , |
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| Format: | Texto |
| Language: | English |
| Published: |
ECLAC
2020
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| Subjects: | |
| Online Access: | http://hdl.handle.net/11362/46514 |
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