Dynamic Models for the Inter-Relations of Real and Financial Growth

ISBN-13: 9780412353505 / Angielski / Twarda / 1991 / 237 str.

Hasse Ekstedt; H. Ekstedt; L. Westberg

Opis

The high growth rate in many industrial countries during the first two decades after World War II produced a financial expansion, which in its turn made possible an extension of the growth process. But it also led to a financial crisis, when increasing costs during the 1970s created growing deficits in the balance of payments and the government budgets in many countries.