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 …

This article surveys selected recent contributions and debates regarding fundamental
aspects of the theory of balance‐of‐payments‐constrained growth (BPCG). The survey …

The first version of this book was published in 1992 as Foundations of Post-Keynesian
Economic Analysis. Ten years later, in 2002, I was asked to write a new edition; in fact …

Developmental Macroeconomics: Access to Demand, the Exchange Rate and Growth offers
a new approach to development economics and macroeconomics. It is a Keynesian …

This paper derives a balance-of-payments equilibrium growth rate analogous to Thirlwall's
Law from a Pasinettian multi-sector macrodynamic framework. The resulting formula, which …

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 analytical framework known as the balance‐of‐payments constrained growth model
introduced by Anthony P. Thirlwall more than two decades ago, and further developed 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 …

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 …

This article has analyzed the role of financial globalization and corruption in determining
financial dependency in Pakistan from 1980 to 2020. For checking the stationary of the data …