Accumulation and Stability under Capitalism
MIA KARTS BOOKS
Book details
- Author
- Prabhat Patnaik
- Publisher
- OXFORD UNIVERSITY PRESS
- Format
- Hardcover
- Language
- English
- Category
- Macroeconomics
- Condition
- New
- ISBN-13
- 9780198288053
- ISBN-10
- 0198288050
- Vendor: Mia Karts
Accumulation and Stability under Capitalism
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ISBN: 0198288050
Author: Patnaik, Prabhat
Condition: New
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

