Abstract
Paul Davidson’s chapter covers a great deal of ground; indeed, it seemed to me three papers wrapped into one package:
-
A theoretical part contrasting monetarist and Keynesian approaches to monetary policy and exchange rate regimes;
-
A mathematical model comparing the effect on inflation of domestic and export-led growth strategies; and
-
A proposed solution to the so-called debt crises of the LDCs.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Note
See, for example, the proposal by James D. Robinson III, ‘A Comprehensive Agenda for LDC Debt and World Trade Growth,’ The AMEX Bank Review, Special Papers, no. 13, March 1988.
Editor information
Editors and Affiliations
Copyright information
© 1993 Stephen F. Frowen
About this chapter
Cite this chapter
Julius, D. (1993). Comments on ‘Monetary Theory and Policy in a Global Context with a Large International Debt’ by Paul Davidson. In: Frowen, S.F. (eds) Monetary Theory and Monetary Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-23096-9_17
Download citation
DOI: https://doi.org/10.1007/978-1-349-23096-9_17
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-23098-3
Online ISBN: 978-1-349-23096-9
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)