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Accumulation and Sability Under Capitalism

Accumulation and Sability Under Capitalism

Hardcover

Economics

ISBN10: 0198288050
ISBN13: 9780198288053
Publisher: Clarendon Press
Published: Apr 17 1997
Pages: 330
Weight: 1.25
Height: 0.88 Width: 5.50 Depth: 8.50
Language: English
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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Economics