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This paper tries to clarify some important aspects around the zero-growth discussion. Starting from an accounting perspective, we analyse the implications of zero growth and clarify the stability conditions of such an economy. This is complemented with a monetary circuit approach - which, like...
Persistent link: https://www.econbiz.de/10012643833
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Demand and Growth Regimes (DGR) and Macroeconomic Policy Regimes (MPR) frameworks have taken prominence within the post-Keynesian literature. However, the majority of studies based on these conceptual frameworks have focused on developed economies. The main contribution of this paper is to...
Persistent link: https://www.econbiz.de/10013500700
argues that an economy grows efficiently under two conditions. First, that the public and the private sectors both perform …
Persistent link: https://www.econbiz.de/10013193767
This paper looks at economic growth and its fundamental determinants in Russia over the last decades. It starts by showing that, contrary to the views of some political commentators, growth is highly important for the popularity of president Putin. Furthermore, regular models of growth are...
Persistent link: https://www.econbiz.de/10012132420
argues that an economy grows efficiently under two conditions. First, that the public and the private sectors both perform …
Persistent link: https://www.econbiz.de/10014304803
Persistent link: https://www.econbiz.de/10000828575
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