The Macroeconomics of Development Finance: A Kaleckian Analysis of the Semi-Industrial Economy

ISBN-13: 9780333560631 / Angielski / Twarda / 1992 / 222 str.

E. V. K. Fitzgerald

Opis

This book provides vital theoretical underpinnings for the emerging 'neo-structuralist' reading of macroeconomics based on the heterogeneous accumulation behaviour of public and private sectors. The work of Kalecki is used to build up a rigorous analysis of the semi-industrial economy which is not only suitable for practical policy formation but also marks a breakthrough in modern development economics. The topics covered include: the microeconomic roots of macroeconomic behaviour; stabilization, employment and growth policies in a mixed economy; and the problems of sectoral balance and market management in the planned economy.

Spis treści

Preface - Kalecki and the Finance of the Semi-industrialized Economy - The Structural Approach to the Semi-industrialized Economy - The Macroeconomics of the Semi-industrialized Economy - The Analytics of Stabilization Policy - Employment and the Shadow Wage Rate - Financing Growth in the Mixed Economy - Planning for Sectoral Balance at the Periphery - State Accumulation and the Market - Index