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

Pedro S. Malan and John R. Wells
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Pedro S. Malan: Catholic University Rio De Janeiro
John R. Wells: University of Cambridge

Chapter 17 in The Economics of Relative Prices, 1984, pp 391-414 from Palgrave Macmillan

Abstract: 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

Keywords: Exchange Rate; Foreign Exchange; Structural Adjustment; Relative Prex; Nominal Wage (search for similar items in EconPapers)
Date: 1984
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DOI: 10.1007/978-1-349-06265-2_17

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