Tag Archives: growth theory

Economic Growth in an Open Developing Economy: The Role of Structure and Demand – by A.P. (Tony) Thirlwall

September 17, 2013



photo credit: Jed Sullivan via Flickr cc

Why do the economic structure of countries and constraints on demand in an open economy matter for the economic performance of nations? Tony Thirlwall challenges the orthodox neoclassical approach to the analysis of economic growth and explains why he hopes that his latest book – Economic Growth in an Open Developing Economy – will encourage economists who teach the topic of growth and development to take a more realistic approach.


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