Models of Balance of Payments Constrained Growth

Introduction PART I: HISTORICAL OVERVIEW ON THE BALANCE OF PAYMENTS CONSTRAINED GROWTH DEBATE Balance of Payments Constrained Growth Models: History and Overview; A.P.Thirlwall Criticisms and Defences of the Balance-of-Payments Constrained Growth Model: Some Old, Some New; J.McCombie The Remarkable Durability of Thirlwall's Law; M.Setterfield PART II: ALTERNATIVE MODELS AND EMPIRICAL EVIDENCE Generalized Balance of Payments Constrained Growth and South-South Trade in Sub-Saharan Africa; A.Bagni , A.Rieber & T.Tran Growth Rates Constrained by Internal and External Imbalances: A Demand Orientated Approach; E.Soukiazis , P.Cerqueira & M.Antunes Empirical Testing of the Export-Led and Balance of Payments Constrained Growth: The Case of Portugal; V.Kvedaras PART III: THE CONVERGENCE ISSUE AND THE ROLE OF EXCHANGE RATE ON BALANCE OF PAYMENTS CONSTRAINED GROWTH Convergence and Balance of Balance of Payments Constrained Growth: Is there a Puzzle? C.Garcimartin , J.Alonso & L.Rivas New Insights from a Structural Economic Dynamic Approach to Balance of Payments Constrained Growth; R.Araujo Structural Heterogeneity and Endogeneity of Elasticities on the Balance of Payments Constrained Growth Model; F.Missio & F.Jayme Jnr