Secular Stagnation as a Result of Economic Maturity or Deepening Underdevelopment?

Gregorio Vidal and Wesley Marshall

Journal of Economic Issues, 2022, vol. 56, issue 2, 578-583

Abstract: In this article, we critique the secular stagnation hypothesis and offer an alternative theoretical framework capable of more fully explaining the current economic trajectory of developing countries: falling interest rates, asset price deflation, and falling investment.

Date: 2022
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DOI: 10.1080/00213624.2022.2065857

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