Basics, non-basics, money and credit a development perspective

We approach the developing economy through an agriculture/industry and basics/ non-basics demarcation. A Classical-Keynesian rationale for the high interest rates in the country and low interest rates in the town is provided. The institutional requirement is for a strongly inequality-reducing state,...

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Bibliographic Details
Published in:The Philippine Review of Economics Vol. XLI, No. 2 (December 2004), p. [93]-102.
Main Authors: Correa, Amelia (Author), Correa, Romar (Author)
Format: Analytics
Language:English
Published: 2004.
Subjects:
Online Access:https://forms.gle/KZjBv7aRtY6jiL5E9