The Relation of the Domestic Economy to Balance-of-Payments Equilibrium
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Authors
Mertaugh, Michael Thomas
Issue Date
1968
Type
Thesis
Language
en_US
Keywords
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Abstract
This paper represents an attempt to reconcile the
separate objectives of balance-of-payments equilibrium
and full-employment domestic demand. By considering
first the classical theory of adjustment and next the
Keynesian contributions, I will try to lay a theoretical
foundation for the policy considerations in the second
half of the paper. Particular emphasis is given there to
the economies of the United States and Great Britain.
Except for the policy implications contained in the first,
theoretical half of this paper, the particular case of
development growth will not be examined.
Description
iv, 79 p.
Citation
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License
U.S. copyright laws protect this material. Commercial use or distribution of this material is not permitted without prior written permission of the copyright holder.