Thiriwall's 1979 balance of payments constrained growth model predicts that a country's
long-run growth of GDP can be approximated by the ratio of the growth of real exports to the …

The longer term impact of the global crisis depends on how business innovation capacities
were affected. Understanding which firms suffered most is essential for develo** adequate …

A consensus on the virtues of an economic development strategy based on export
diversification has emerged from the recent economic literature. The purpose of this paper is …

La producción intelectual de la CEPAL en sus 70 años de existencia ha sido vasta en
distintos ámbitos del desarrollo. En este libro se analizan y contextualizan los principales …

This paper contributes to the literature on balance-of-paymentsconstrained growth by
investigating how structural change, identified with changes in the sectoral composition of …

The Sraffian supermultiplier model revealed the role of autonomous demand in economic
growth. Nevertheless, the sustainability of growth requires the stability of the financial stocks …

Abstract We present a Kaldor–Thirlwall theoretical and empirical framework on the basic
driving forces of the behaviour of productivity and economic development in the long run. By …

This concise yet insightful sequel to the highly acclaimed The Nature of Economic Growth
provides a comprehensive critique of both old and new growth theory, highlighting the …

What middle-income countries can draw from the experience of the countries that have
successfully crossed the middle-income trap has become a theoretical and practical issue …

Latin American structuralism (LAS) is a significant part of the heterodox tradition in the theory
of long-term growth, with a focus on the problems of develo** economies that started their …