The Macroeconomics of Development Finance: A Kaleckian Analysis of the Semi-Industrial Economy

by Valpy FitzGerald

Overview

This book provides vital theoretical underpinnings for the emerging 'neo-structuralist' reading of macroeconomics based on the heterogeneous accumulation behaviour of public and private sectors. The work of Kalecki is used to build up a rigorous analysis of the semi-industrial economy which is not only suitable for practical policy formation but also marks a breakthrough in modern development economics. The topics covered include: the microeconomic roots of macroeconomic behaviour; stabilization, employment and growth policies in a mixed economy; and the problems of sectoral balance and market management in the planned economy.

Product Details

ISBN-13:	9780333560631
Publisher:	Palgrave Macmillan UK
Publication date:	12/09/1992
Series:	Institute of Social Studies, The Hague
Edition description:	1993
Pages:	222
Product dimensions:	5.51(w) x 8.50(h) x (d)

Table of Contents

Preface - Kalecki and the Finance of the Semi-industrialized Economy - The Structural Approach to the Semi-industrialized Economy - The Macroeconomics of the Semi-industrialized Economy - The Analytics of Stabilization Policy - Employment and the Shadow Wage Rate - Financing Growth in the Mixed Economy - Planning for Sectoral Balance at the Periphery - State Accumulation and the Market - Index