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‘Structural’ Models of Inflation and Balance of Payments Disequilibria in Semi-industrialised Economies-Some Implications for Stabilisation and Growth Policies

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The Economics of Relative Prices

Part of the book series: International Economic Association Series ((IEA))

Abstract

Structural modes of thought about inflation, growth and balance of payments disequilibria consider these phenomena as interrelated problems in political economy, having to do with short- and long-term conflicts in national economic objectives. These could be meaningfully understood or analysed only in terms of historical perspective and in relation to changing world economic conditions.1

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Béla Csikós-Nagy Douglas Hague Graham Hall

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© 1984 International Economic Association

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Malan, P.S., Wells, J.R. (1984). ‘Structural’ Models of Inflation and Balance of Payments Disequilibria in Semi-industrialised Economies-Some Implications for Stabilisation and Growth Policies. In: Csikós-Nagy, B., Hague, D., Hall, G. (eds) The Economics of Relative Prices. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-06265-2_17

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