Accumulation and Stability under Capitalism
Patnaik's starting point is the fundamental question of how we can explain the resilience and durability of capitalist economies-. He argues that the existence of a periphery of less developed countries provides a buffer that allows (relatively) crisis-free and non-inflationary growth in the capitalist core. His analysis unifies two fields that are normally separate: models of growth and stabilization policy in advanced economies and the economics of open, developing economies.
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Accumulation and Stability under Capitalism
Patnaik's starting point is the fundamental question of how we can explain the resilience and durability of capitalist economies-. He argues that the existence of a periphery of less developed countries provides a buffer that allows (relatively) crisis-free and non-inflationary growth in the capitalist core. His analysis unifies two fields that are normally separate: models of growth and stabilization policy in advanced economies and the economics of open, developing economies.
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Accumulation and Stability under Capitalism

Accumulation and Stability under Capitalism

by Prabhat Patnaik
Accumulation and Stability under Capitalism

Accumulation and Stability under Capitalism

by Prabhat Patnaik

Hardcover

$150.00 
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Overview

Patnaik's starting point is the fundamental question of how we can explain the resilience and durability of capitalist economies-. He argues that the existence of a periphery of less developed countries provides a buffer that allows (relatively) crisis-free and non-inflationary growth in the capitalist core. His analysis unifies two fields that are normally separate: models of growth and stabilization policy in advanced economies and the economics of open, developing economies.

Product Details

ISBN-13: 9780198288053
Publisher: Oxford University Press
Publication date: 04/17/1997
Pages: 330
Product dimensions: 8.50(w) x 5.50(h) x 0.88(d)
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