The Wartime Analogy

Keith Griffin and Jeffrey James

Chapter 6 in The Transition to Egalitarian Development, 1981, pp 71-81 from Palgrave Macmillan

Abstract: Abstract We have already compared the disequilibria that are likely to arise during the transition to egalitarian development with the disequilibria that are characteristic of economies engaged in a war. Indeed the concept of a ‘disequilibrium system’ grew out of the wartime experience. This concept also sheds light, however, on the problems that are likely to occur when a country changes from one strategy of development to another, and it is arguable too that the concept may help countries in planning to overcome their transitional problems.

Keywords: Excess Demand; Price Control; Underdeveloped Country; Retail Price Index; Wage Good (search for similar items in EconPapers)
Date: 1981
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DOI: 10.1007/978-1-349-05914-0_6

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