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Full Description
This book presents an international study of economic growth and income distribution, with a focus on North-South differences. The text discusses the topic from a purely theoretical perspective, comparing the relations between economies by using formal mathematical models. Four well-known approaches are discussed: neoclassical, neo-Marxian, neo-Keynesian and Kalecki-Steindl. Models are developed to highlight and contrast the basic features of these approaches. Subsequent chapters systematically introduce inflation, technological change, sectoral issues, and international trade, building upon these simple one-sector models. This book will be of value to anyone with an interest in areas such as developmental economics, growth, trade and political economy.
Contents
List of figures; List of tables; Acknowledgements; 1. Introduction; 2. Alternative models and alternative approaches; 4. Money and inflation; 5. Technological change; 6. Two-sector models; 7. Some doctrinal issues concerning two-sector models; 8. Alternative models of North-South trade; 9. Endogenous preferences and uneven development; 10. Technological change and uneven development; 11. Conclusion; Notes; References; Index.