Reflexões Sobre Crescimento com Restrição Externa e Controle de Capitais
AbstractThis essay proposes a brief theoretical analysis on the relationship of international capital mobility and economic growth observed from the standpoint of demand-led growth. First of all, we briefly evoke the central propositions that constitute this so-called demand-led conception. Following, we review the balance-of-payments constrained growth model, as originally proposed by Thirlwall (1979), as well as subsequent efforts to incorporate capital flows in this analytical framework. Building on this theoretical structure, a model is proposed in order to study the connections between foreign exchange constr
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Bibliographic InfoPaper provided by Curso de Ciencias Economicas da Universidade Federal de Goias - FACE in its series Working papers - Textos para Discussao do Curso de Ciencias Economicas da UFG with number 007.
Length: 36 pages
Date of creation: Jul 2009
Date of revision:
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economic growth; foreign exchange restriction; capital control.;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-08-16 (All new papers)
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