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‘Structural’ Models of Inflation and Balance of Payments Disequilibria in Semi-industrialised Economies-Some Implications for Stabilisation and Growth Policies

In: The Economics of Relative Prices

Author

Listed:
  • Pedro S. Malan

    (Catholic University Rio De Janeiro)

  • John R. Wells

    (University of Cambridge)

Abstract

Structural modes of thought about inflation, growth and balance of payments disequilibria consider these phenomena as interrelated problems in political economy, having to do with short- and long-term conflicts in national economic objectives. These could be meaningfully understood or analysed only in terms of historical perspective and in relation to changing world economic conditions.1

Suggested Citation

  • Pedro S. Malan & John R. Wells, 1984. "‘Structural’ Models of Inflation and Balance of Payments Disequilibria in Semi-industrialised Economies-Some Implications for Stabilisation and Growth Policies," International Economic Association Series, in: Béla Csikós-Nagy & Douglas Hague & Graham Hall (ed.), The Economics of Relative Prices, chapter 17, pages 391-414, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-06265-2_17
    DOI: 10.1007/978-1-349-06265-2_17
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    Cited by:

    1. Saikat Sinha Roy, 2016. "Introduction to the Special Issue on ‘Managing Balance of Payments: Fiscal and Monetary Issues’ of SAJMPF," South Asian Journal of Macroeconomics and Public Finance, , vol. 5(1), pages 2-6, June.

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