Trade, development, and political economy

Trade, development, and political economy

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The crucial stability condition is, of course, the fact that the BB curve is steeper than the AA curve. ... Attempts to restore the real wage by an upward shift of the Phillips-curve relation (10) can only succeed temporarily, at the expense ofanbsp;...


Title:Trade, development, and political economy
Author:Ronald Findlay
Publisher:Edward Elgar Publishing - 1993
ISBN-13:

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