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 …

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 …

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 …

En este libro se presenta una selección de textos elaborados por la Comisión Económica
para América Latina y el Caribe (CEPAL) durante su séptimo decenio de existencia (2008 …

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 developing economies that started their …

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 …

The paper reports estimates of import and export functions for five technological sectors in
14 developed European countries. These functions have never before been estimated for …