Now showing items 1-3 of 3

    • Crítica do crescimento com poupança externa 

      Bresser-Pereira, Luiz Carlos; Gala, Paulo
      The present paper is a formalization of the critique of the growth with foreign savings strategy. Although medium income countries are capital poor, current account deficits (foreign savings), financed either by loans or ...
    • Foreign savings, insufficiency of demand, and low growth 

      Bresser-Pereira, Luiz Carlos; Gala, Paulo
      There is a problem of insufficiency of demand for countries that accept to grow with foreign savings. Although medium-income countries are capital-poor countries, current account deficits (foreign savings) will increase ...
    • Why the ‘Rest’ doesn’t need foreign finance 

      Bresser-Pereira, Luiz Carlos
      The Rest will be able to catch up and grow faster than the West only if it goes against a 'received truth', namely that capital-rich countries should transfer their capital to capital-poor countries. This intuitive truth ...