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This paper examines Guyana’s growth record 1992 to 2010, against one aspect of the World Bank’s Functional Model of … Selective Interventions in Guyana’s growth record since 1992. The paper will discuss how selective interventions were the … 1990’s), and then use that basis to discuss Guyana. According to current development thought, selective policy …
Persistent link: https://www.econbiz.de/10011258241
Guyana has been able to reverse decades of economic decline and stagnation with five consecutive years of robust growth … during the period 2006-2010. The study probes whether Guyana has finally turned the corner. The study finds that good …
Persistent link: https://www.econbiz.de/10011259902
This paper examines the monetary policy framework of Guyana. Guyana’s monetary Policy is motivated by the IMF …
Persistent link: https://www.econbiz.de/10011260472
This paper examines why commercial banks in Guyana demand non-remunerated excess reserves, a phenomenon that became …
Persistent link: https://www.econbiz.de/10011260547
The principal contribution of this article is that it provides evidence of recent trends of inequality in Guyana, but … is on the rise. The article argues that the mining and quarrying sector regulates Guyana’s growth performance and ignites …
Persistent link: https://www.econbiz.de/10011107909
Over 100 years since Marx's value theory of labour was first published, the so-called ``transformation problem'' -- deriving prices from values and providing a theory of profits as arising from surplus value -- has inspired the imagination of economists of all shades of intellectual suasion....
Persistent link: https://www.econbiz.de/10005835565
The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...
Persistent link: https://www.econbiz.de/10005836148
Theories of social comparison have a long presence in the social sciences and have provided many useful insights. In economics, the idea of comparison, aspiration or relative income belongs to this theoretical framework. The first systematic usages of this idea can be found in the works of...
Persistent link: https://www.econbiz.de/10005836498
Professor Narmadeshwar Jha was a noted scholar on History of Economic Thought that took its shape under the influence of Alfred Marshall. His widely referred book - The Age of Marshall: Aspects of British Economic Thought, 1890-1915 – was written under the supervision of Professor A.J. Brown...
Persistent link: https://www.econbiz.de/10005836555
This entry, submitted to Philip O’Hara’s Encyclopedia of Political Economy but not included in it, contrasts the temporal and simultaneist approaches to the formation of price and its relation to value.
Persistent link: https://www.econbiz.de/10005837439