Essays on Balance of Payments Constrained Growth

Abstract

1. Introduction Part One - Theory 2. The Balance of Payments Constraint as an Explanation of International Growth Rate Differences - A. P. Thirlwall 3. The Balance of Payments Constraint, Capital Flows and Growth Rate Differences Between Developing Countries - A. P. Thirlwall and M. Nureldin-Hussain 4. Economic Growth, the Harrod Foreign Trade Multiplier and the Hicks' Super-Multiplier - John McCombie 5. Economic Growth, Trade Interlinkages and the Balance of Payments Constraint - John McCombie 6. International Competitiveness, Relative Wages and the Balance of Payments Constraint - R. Blecker 7. The Stability of Thirlwall's Model of Economic Growth and the Balance of Payments Constraint - M. Pugno 8. The Balance of Payments Constraint - from Balanced Trade to Sustainable Debt - N. Barbosa-Filho Part Two - Developed Countries 9. On the Empirics of Balance of Payments Constrained Growth - John McCombie 10. The 45-Degree Rule Revisited - P. Anderson 11. A New Approach to Balance of Payments Constraint - Some Empirical Evidence - J. A. Alonso 12. An Application of Thirlwall's Law to the Spanish Economy - M. Leon-Ledesma Part Three - Developing Countries 13. Balance of Payments Constrained Growth and Developing Countries - an Examination of Thirlwall's Hypothesis - J. Perraton 14. The Balance of Payments Constraint and Growth Rate Differences Between African and East Asian Economies - M. Nureldin Hussain 15. The Chronicle of Growth in Southeast Asian Countries - Does Thirlwall's Law Provide an Adequate Explanation? - N. Ansari, H. Hashemzadeh and Y. Xi 16. Thirlwall's Law and Beyond - the Latin American Experience - J. Lopez and A. Cruz 17. Balance of Payments Constrained Growth in Central America - 1950-96 - J. C. Moreno Brid and E. Perez 18. Balance of Payments Constrained Growth - the Case of Mexico - J. C. Moreno Brid 19. A Generalised Version of the Balance of Payments Constrained Growth Model - An Application to Neighbouring Regions - K. Nell