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The aim of this paper is to analyze the relationship between institutions, income distribution and growth in post-Keynesian tradition. Therefore, we developed a model that seeks to illustrate the way in which income distribution affects economic growth. Furthermore, we aim to show that the...
Persistent link: https://www.econbiz.de/10011537886
The aim of this paper is to analyze the relationship between institutions, income distribution and growth in post-Keynesian tradition. Therefore, we developed a model that seeks to illustrate the way in which income distribution affects economic growth. Furthermore, we aim to show that the...
Persistent link: https://www.econbiz.de/10011530215
In the economic growth and development literature there are two elements that are usually considered to be essential in shaping countries’ economic performance. The first one is that investments on the real sector are a necessary condition to generate productive capacity on industry and other...
Persistent link: https://www.econbiz.de/10005526989
This paper discusses how Prebisch and Fajnzylber, two authors representative of the thought of the Economic Commission for Latin America (ECLA), interpreted the industrialization crisis experienced by many Latin American countries beginning in the mid-seventies. The focus of the paper is on the...
Persistent link: https://www.econbiz.de/10005652852