Economic Growth in an Open Developing Economy: The Role of Structure and Demand

Authors

  • Heinz D. Kurz Department of Economics, Karl-Franzens-Universität Graz The Graz Schumpeter Centre, Austria

Abstract

“Thirlwall does away with the orthodox view that trade liberalisation is generally beneficial both to developed and less-developed countries. He shows both theoretically and empirically that economic growth of less-developed countries is typically balance of payments constrained.” 

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How to Cite

Kurz, H. D. (2016). Economic Growth in an Open Developing Economy: The Role of Structure and Demand. Applied Economics Journal, 21(1), 102–107. Retrieved from https://so01.tci-thaijo.org/index.php/AEJ/article/view/57239

Issue

Section

Book Reviews