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Reflexões Sobre Crescimento com Restrição Externa e Controle de Capitais

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  • 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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File URL: http://eco.face.ufg.br/uploads/118/original_TD_007.pdf
File Function: First version, 2009
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Bibliographic Info

Paper 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.

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Length: 36 pages
Date of creation: Jul 2009
Date of revision:
Handle: RePEc:ufb:wpaper:007

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Keywords: economic growth; foreign exchange restriction; capital control.;

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