The hypothesis that in the long run only supply conditions can explain economic growth has been challenged by research that attaches a central role to demand conditions. In this case, there would be a feedback process in which productivity and labor supply would affect aggregate demand and this...

Money, Financial Instability and Stabilization Policy consists of original articles by leading Post Keynesians, Kaleckians and other heterodox economists from the developed and developing world. Post Keynesian literature has long been associated with the study of money, financial markets and...

This paper examines the technological structure of exports from developing countries between 2000 and 2010, according to the classification by technological intensity proposed by Lall (2000). It compares data on exports from developing and developed countries, and from the main export regions...

Exchange rates, savings and productivity: short and long-term impacts - The objective of this paper is to analyze, from a theoretical point of view, the relation between real exchange rates and economic development. The main hypothesis is very much in line with the Dutch disease literature and...