The Macroeconomics of Development Finance: A Kaleckian Analysis of the Semi-Industrial Economy (Institute of Social Studies, The Hague)

FitzGerald, Valpy

ISBN 10: 0333560639 / ISBN 13: 9780333560631

Editore: Palgrave Macmillan, 1992

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Dati bibliografici

• Titolo: The Macroeconomics of Development Finance: A Kaleckian Analysis of the Semi-Industrial Economy (Institute of Social Studies, The Hague)
• Editore: Palgrave Macmillan
• Data di pubblicazione: 1992
• Lingua: Inglese
• ISBN 10: 0333560639
• ISBN 13: 9780333560631
• Rilegatura: Rilegato
• Condizione: New

Descrizione articolo

Riassunto

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.

Contenuti

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