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Demand-based growth models worry that secular stagnation in advanced countries reduces developing country growth, via lower exports. Relaxing assumptions and emphasizing cumulative causation forces from domestic-demand growth and relative price effects indicates how the South can maintain growth.
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How could the South respond to secular stagnation in the North?, Jörg Mayer-Ries
- Sprache
- Erscheinungsdatum
- 2015
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- Titel
- How could the South respond to secular stagnation in the North?
- Sprache
- Englisch
- Autor*innen
- Jörg Mayer-Ries
- Erscheinungsdatum
- 2015
- ISBN10
- 3889856721
- ISBN13
- 9783889856722
- Kategorie
- Wirtschaft
- Beschreibung
- Demand-based growth models worry that secular stagnation in advanced countries reduces developing country growth, via lower exports. Relaxing assumptions and emphasizing cumulative causation forces from domestic-demand growth and relative price effects indicates how the South can maintain growth.