In this paper i discuss the origin of the concept, between 1930 and 1933, in the writings of L.F. Giblin, R.F. Kahn, Roy Harrold and Michal Kalecki. Of the four, i argue, Kalecki's treatment of the export multiplier is most interesting, not least because he anticipated much more recent analyses...

This paper examines the relationship between the development of the financial system and economic growth using Korea as a case study. In particular, we focus on the relative development of financial intermediaries and capital markets, and their impact on the portfolio behaviour of the household...

In this paper we examine data on environmental quality and natural resource degradation in the Philippines, considering trends over time, and compare the Philippine case with those of its Asian regional neighbours. We briefly review theoretical links between environmental quality, resource...

This paper focuses on economic consequences of policy reforms and their social and political impacts. Our central argument is the following: (a) contrary to many assertions in the immediate post-reform period, economic liberalisation in Sri Lanka had a significant impact on both household and...

With the advent of WTO, India entered into the era of trade reforms in 1991 and is moving gradually towards an open economy. It is widely believed that export and import growth is crucial in providing the impetus for economic growth in developing countries and imports provide the important...

With the advent of WTO, India entered into the era of trade reforms in 1991 and is moving gradually towards an open economy. It is widely believed that export and import growth is crucial in providing the impetus for economic growth in developing countries and imports provide the important...

This paper focuses on economic consequences of policy reforms and their social and political impacts. Our central argument is the following: (a) contrary to many assertions in the immediate post-reform period, economic liberalisation in Sri Lanka had a significant impact on both household and...