Interest Rate Policy in LDCs: A Post Keynesian View

References

• Arrieta, G. M. G. “Interest Rates, Savings, and Growth in LDCs: An Assessment of Recent Empirical Research.” World Development, May 1988, 16 (5), pp. 589–605.
   Web of Science ®Google Scholar
• Bagchi, A. K. “Problems of Effective Demand and Contradictions of Planning in India.” In A. K. Bagchi, ed., Economy, Society and Polity. Essays in the Political Economy of Indian Planning. Calcutta: Oxford University Press, 1988.
   Google Scholar
• Behrman, J. R. Macroeconomic Policy in a Developing Country. Amsterdam: North Holland, 1977.
   Google Scholar
• Buffie, E. F. “Financial Repression, the New Structuralists, and Stabilization Policy in Semi-Industrialized Economies.” Journal of Development Economics, April 1984, 14 (3), pp. 305–322.
   Web of Science ®Google Scholar
• Burkett, P., and Dutt, A. K. “Interest Rate Policy, Effective Demand and Growth in LDCs.” International Review of Applied Economics, 1990 (forthcoming).
   Google Scholar
• Burkett, P., and Vogel, R. C. “An Integrated Wealth Allocation-Inventory Approach to the Demand for Financial Assets and Inflation Hedges, with Implications for Financial Deepening and Capital Utilization in Developing Countries.” In A. Chikan and M. C. Lovell, eds., The Economics of Inventory Management. Amsterdam: Elsevier, 1988.
   Google Scholar
• Chick, V. “The Evolution of the Banking System and the Theory of Saving, Investment and Interest.” Economies et Societies, 1986 (Cahiers de 1’ISMEA Serie Monnaie et Production, No. 3).
   Google Scholar
• Chow, P. C. Y. “Causality between Export Growth and Industrial Development. Empirical Evidence from the NICs.” Journal of Development Economics, June 1987, 26, pp. 55–63.
   Web of Science ®Google Scholar
• Corbo, V.; de Melo, J.; and Tybout, J. “What Went Wrong with the Recent Reforms in the Southern Cone.” Economic Development and Cultural Change, April 1986, 34 (3), pp. 607–640.
   Web of Science ®Google Scholar
• Dasgupta, A. K. “Keynesian Economics and Under-Developed Countries.” The Economic Weekly, January 26, 1954, reprinted in A. K. Dasgupta, Planning and Economic Growth. London: George Allen and Unwin, 1965.
   Google Scholar
• Dasgupta, A. K. Epochs of Economic Theory. Oxford: Basil Blackwell, 1985.
   Google Scholar
• Davidson, P. “Endogenous Money, the Production Process, and Inflation Analysis.” Economie Appliquée, 1988, 41 (1).
   Google Scholar
• Diaz-Alejandro, C. “Good-Bye Financial Repression, Hello Financial Crash.” Journal of Development Economics, September-October, 1986, 19.
   Web of Science ®Google Scholar
• Dornbusch, R., and Reysono, A. “Financial Factors in Economic Development.” American Economic Review, Papers and Proceedings, May 1989, 79 (2), pp. 204–209.
   Web of Science ®Google Scholar
• Dutt, A. K. “Stagnation, Income Distribution and Monopoly Power.” Cambridge Journal of Economics, March 1984a, 8 (1), pp. 25–40.
   Web of Science ®Google Scholar
• Dutt, A. K. Interest Rate Policy, Saving and Growth in LDCs. Unpublished, Florida International University, 1984b.
   Google Scholar
• Dutt, A. K. “Alternative Closures Again: A Comment on ‘Growth, Distribution and Inflation.’ ” Cambridge Journal of Economics, March 1987, 11 (1), pp. 75–82.
   Web of Science ®Google Scholar
• Dutt, A. K. Stagnation, Monopoly Power and the Agrarian Barrier. Unpublished, University of Notre Dame, 1989.
   Google Scholar
• Dutt, A. K. Growth, Distribution and Uneven Development. Cambridge: Cambridge University Press, 1990 (forthcoming).
   Google Scholar
• Dutt, A. K., and Amadeo, E. J. A Post Keynesian Model of Growth, Interest and Money. Unpublished, University of Notre Dame, May 1989.
   Google Scholar
• Fry, M. Money, Interest Rates and Banking in Development. Baltimore: Johns Hopkins University Press, 1988.
   Google Scholar
• Galbis, V. “Financial Sector Liberalization under Oligopolistic Conditions and a Bank Holding Company Structure.” Savings and Development, 1986, 10 (2), pp. 117–141.
   Google Scholar
• Hamouda, O., and Harcourt, G. C. “Post Keynesianism—From Criticism to Coherence?” Bulletin of Economic Research, 1988.
   Google Scholar
• Jung, W. S., and Marshall, P. J. “Exports, Growth and Causality in Developing Countries.” Journal of Development Economics, May/June 1985, 18 (1).
   Web of Science ®Google Scholar
• Kalecki, M. Selected Essays on the Dynamics of the Capitalist Economy. Cambridge: Cambridge University Press, 1971.
   Google Scholar
• Kapur, B. K. “Alternative Stabilization Policies for Less-Developed Economies.” Journal of Political Economy, August 1976, 84 (4), pp. 777–795.
   Web of Science ®Google Scholar
• Marglin, S. A. “Growth, Distribution and Inflation: A Centennial Synthesis.” Cambridge Journal of Economics, 1984.
   Web of Science ®Google Scholar
• Mathieson, D. J. “Financial Reform and Stabilization Policy in a Developing Economy.” Journal of Development Economics, September 1980, 7 (3), pp. 359–395.
   Web of Science ®Google Scholar
• McKinnon, R. Money and Capital in Economic Development. Washington, DC: Brookings Institution, 1973.
   Google Scholar
• McKinnon, R. “Financial Liberation in Retrospect: Interest Rate Policies in LDCs.” In G. Ranis and T. P. Schultz, The State of Development Economics. Progress and Perspectives. Oxford: Basil Blackwell, 1988.
   Google Scholar
• McKinnon, R., and Mathieson, D. J. “How to Manage a Repressed Economy.” Princeton Essays in International Finance, December 1981, 145.
   Google Scholar
• Minsky, H. Can “It” Happen Again? Essays on Instability and Finance. Armonk:M. E. Sharpe, 1982.
   Google Scholar
• Moore, B. J. Horizontalists and Verticalists. The Macroeconomics of Credit Money. Cambridge: Cambridge University Press, 1988.
   Google Scholar
• Rakshit, M. K. The Labour Surplus Economy. Delhi: Macmillan, 1983.
   Google Scholar
• Rao, V. K. R. V. “Investment, Income and the Multiplier in an Underdeveloped Economy.” Indian Economic Review, February 1952. Reprinted in A. N. Agarwala and S. P. Singh, eds., The Economics of Underdevelopment. London: Oxford University Press, 1958.
   Google Scholar
• Robinson, J. Essays on the Theory of Economic Growth. London: Macmillan, 1962.
   Google Scholar
• Rowthom, B. “Demand, Real Wages and Economic Growth.” Thames Papers in Political Economy, 1981.
   Google Scholar
• Shaw, E. S. Financial Deepening in Economic Development. New York: Oxford University Press, 1973.
   Google Scholar
• Steindl, J. Maturity and Stagnation in American Capitalism. Oxford: Blackwell, 1952.
   Google Scholar
• Taylor, L. Structuralist Macroeconomics. New York: Basic Books, 1983.
   Google Scholar
• Taylor, L. Varieties of Stabilization Experience. Oxford, 1988.
   Google Scholar
• Van Wijnbergen, S. “Interest Rate Management in LDCs.” Journal of Monetary Economics, September 1983, 12 (3), pp. 433–452.
   Web of Science ®Google Scholar