Prices, Incentives and Economic Growth

Bela Balassa
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Bela Balassa: The Johns Hopkins University

Chapter Essay 1 in Change and Challenge in the World Economy, 1985, pp 3-23 from Palgrave Macmillan

Abstract: Abstract The period since the depression of the nineteen-thirties has seen a multiplication of government interventions in economic life — although in some respects a reversal has occurred in recent years. Government interventions take a variety of forms, depending on the system of economic decision-making applied. The present essay will examine the economic effects of these interventions in developed, developing, and socialist economies.

Keywords: Interest Rate; Minimum Wage; Real Interest Rate; Fringe Benefit; Socialist Country (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-17991-6_1

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DOI: 10.1007/978-1-349-17991-6_1

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