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The Cambridge Group and the Developing Countries

In: New Directions in the World Economy

Author

Listed:
  • Bela Balassa

    (The Johns Hopkins University
    The World Bank)

Abstract

The policy prescriptions of the Cambridge Economic Policy Group (CEPG) for the United Kingdom are well known. They involve all-round protection of British industry that would allegedly permit reaching simultaneously higher output levels, lower unemployment rates, and lower inflation rates. Since first presented in February 1975, the views of the Cambridge Group have been several times and have been repeatedly subjected to criticism.1

Suggested Citation

  • Bela Balassa, 1989. "The Cambridge Group and the Developing Countries," Palgrave Macmillan Books, in: New Directions in the World Economy, chapter 0, pages 65-83, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-10588-5_4
    DOI: 10.1007/978-1-349-10588-5_4
    as

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