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1. Balance-of-payments constrained growth in the case of the Bulgarian economy: an empirical study
Kandidat-uppsats, Akademin för hållbar samhälls- och teknikutvecklingSammanfattning : PostKeynesian economists state that there is a direct relationship between balance-of-payments and economic growth. Anthony Thirlwall, in particular, has formulated a model which defines the balance-of-payments equilibrium growth rate that would allow the economy to grow in the long-run sustainably without deteriorating their external balance or entering major debts. LÄS MER
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