What Keynes and Keynesianism can Teach us about Less Developed Countries
I am happy to pay my tribute to Hiroshi Kitamura and join the ranks of contributors to this volume in his honour. The list of contributors shows in what high esteem he is widely held, both as an economist and as a person. My own association with Hiroshi goes back to our work together in Bangkok in what was then the UN Economic Commission for Asia and the Far East (ECAFE, now called Economic and Social Commission for Asia and the Pacific — or ESCAP). This was a long time ago, but I have never forgotten the stimulation and friendship which then developed and which we were able to renew in more recent meetings (unfortunately all too rare) and by intellectual exchanges. I find his ideas and approach to economic problems very congenial and have learnt a great deal from him both directly and through his writings. I hope we may still look forward to further contributions from his pen.
KeywordsForeign Exchange Full Employment Demand Management Effective Demand Deficit Country
Unable to display preview. Download preview PDF.