Sérgio Fornazier Meyrelles Filho () (FACE-UFG, Ciências Econômicas)
Abstract
This 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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Length: 36 pages Date of creation: Jul 2009 Date of revision: Handle: RePEc:ufb:wpaper:007
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