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Cover Thirlwall's Law at 40
Thirlwall's Law at 40
Editors:
Thomas Palley
,
Esteban Pérez Caldentey
, and
Matías Vernengo
2019 marked the 40th anniversary of the publication of Anthony P. Thirlwall’s classic paper that laid out what became known as Thirlwall’s law. This article introduced and provided empirical evidence in favor of the proposition that the long-run rate of growth of an economy compatible with balance-of-payments equilibrium can be approximated by the simple rule of the ratio of the growth of exports to the income elasticity of demand for imports.
Restricted access
Monograph Book
Publication Date:
23 Apr 2021
DOI:
https://doi.org/10.4337/9781800881471
Collections:
Economics 2021
Cover 30 Years of Transition in Europe
30 Years of Transition in Europe
Looking Back and Looking Beyond in CESEE Countries
Editors:
Robert Holzmann
,
Doris Ritzberger-Grünwald
, and
Helene Schuberth
This thought-provoking book investigates the political and economic transformation that has taken place over the past three decades in Central, Eastern and Southeastern Europe (CESEE) since the fall of the Iron Curtain. Through an examination of both the successes and shortcomings of post communist reform and the challenges ahead for the region, it explores the topical issues of economic transition and integration, and highlights lessons to be learned.
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Monograph Book
Publication Date:
10 Nov 2020
DOI:
https://doi.org/10.4337/9781839109508
Collections:
Economics 2020
Cover Public Banks in the Age of Financialization
Public Banks in the Age of Financialization
A Comparative Perspective
Editor:
Christoph Scherrer
This book asks the important question of whether public banks are a better alternative to profit-seeking private banks. Do public banks provide finance for development? Do they serve as stability anchors in financial markets? What kind of governance keeps public banks accountable to the public? Theoretically the book draws on the works of Minsky for the question on stability and on interpretative policy analysis for the issue of governance. It compares empirically three countries with significant public banks: Brazil, Germany, and India.
Restricted access
Monograph Book
Publication Date:
24 Nov 2017
DOI:
https://doi.org/10.4337/9781786430663
Collections:
Social and Political Science 2017